I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.

Researching local job markets, schools, and even infrastructure projects can provide insight into potential appreciation and cash flow.You might want to explore markets in the Midwest or South, which often have lower entry points and better cash flow potential compared to California.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Even when they are charging you a very high percentage, the agent is probably operating at a loss.

I personally believe his contract job contract got cancelled as i know others from his company left that same week. 

Partner up with money partners and you be the operator.

It's an amazing market here with so much incoming growth due to population growth, job growth, and companies moving/developing here!

@Damien Davis - I bought most of my properties when I had a W2 job. 

Hey Taylor,If the numbers work, there are plenty that will.There are a few that might want to see similar jobs of that size that you’ve done, or some kind of licensure.

Long-term rentals (LTRs) are stable due to Charleston’s strong job market, with areas like West Ashley, Goose Creek, and Summerville showing solid rental demand.