Then build a life and set goals around increasing the number of perfect days you have each year, instead of decreasing them.2.

A new owner with more capital can easily come in and decrease vacancy rates and increase supply to realize a 2-3x revenue.

The interest is so much in the beginning, because the balance is so high, the interest decreases because the balance decreases.

Alas, this scenario didn't last very long, as you would expect in a free market capitalist society -- new money flood in, more STRs in supply, property prices increase, STR incomes decrease, until a new equilibrium is achieved.Nowadays, the word STR is being used to describe both the property and the business.

I'm definitely still looking at it, but one concern is the population growth, it seems to be decreasing slightly? 

Notice I say advertised and not going for because next, you will want to see how long these properties have been on the market and if they have decreased their rental asking amount.

Increasing for times when there is more demand and decreasing when it is slow. 

The result could be limited, no rent growth or even rent decreases.

In addition lower rents will decrease the value of a property, not necessarily its appraised value, because no buyer will desire to pay retail for properties with reduced cash flow.

This is largely due to the fixed nature of ongoing maintenance costs, which become proportionally more impactful as the park size decreases, thereby inflating the expense ratio.