Additional Considerations: Costs & Market Changes•Ongoing Maintenance & Housekeeping: STRs require regular deep cleaning, restocking of supplies, and maintenance.

The limited housing supply has resulted in increased competition among buyers and higher prices. 

With this property I racked up some credit card debt, around 20k and I need another 20k to pay contractors/supplies.

Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection).

Provide the supplies.

STRs demand more time even though alot of things can be automated. you will managing cleaners, damage, guest experience, supplies, and more.4) Use AirDNA to see what an estimate of revenue can be, check Airbnb in your local neighborhood to see if anyone else if getting higher rates, and use BiggerPockets STR calculator to see what common expenses you may be forgetting.

All are local except for one is a national brand auto supply store, using this for a warehouse. 

Perhaps there's ample supply in Columbus Ohio but what parts of Miami?

Now we see 2023 in reverse, where that year had real demand greater than real supply.

During 2020 to 2022 I was fighting to keep my business profitable as materials and labor came in short supply and eventually led to the inflation we're seeing now.