The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.

And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.

Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.

And over time, as those assets to make our product we sell had a fixed price, the dollar does not sit fixed, our cost of product increases meaning increased cash-flow.

After completing renovations, the estimated appraised value has increased to $370,000.

If a tenant causes a claim, why should the landlord's insurance pay - possibly resulting in an increase in premium or even a cancellation of the policy?

If they don't, the document says their consequence is that they will automatically convert to a month-to-month rental on [DATE] with a 25% increase to their rent.

As long  the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough.