In the Raleigh-Durham area 0.5% is the prevailing measure.

I know Austin is a bit stringent with there regulations.  

You may not be scaling as fast as other people because you are more comfortable with a measured approach. 

The federal tax code establishes stringent criteria, including guest stays limited to seven days on average and the provision of basic hotel-like services, to qualify for this advantageous tax treatment.Understanding the mechanics of the short-term rental tax loophole is imperative.

For example, at the very beginning, I liked Cash-on-cash return, CoCR, which is a great measure of return for rental properties.

If you’re local to the home, then there’s a device you can attach to before the meter and you can measure electrical usage.

Happened too many times for first 3-4 years.There is no risk of loosing the "deposit" either and it's just a bit of skin in the game even tho the skin is always yours to keep heheCovered all angles mate and made this as fool proof as possible but still enough to make folks "jump" through hoops to see who is legit and who isn't.As Chris mentioned, 90% of investors we don't end up working with and even when many commit to the deposit, I refund many times as I don't feel a good fit.Even with such stringent criteria, we still get mud thrown on us here on BP as some folks slip through the cracks.I could only imagine if we took on everyone and just focused on pushing sales.I can sell a TV to a blind man and ice to an eskimo.

Remain flexible, remain receptive to novel experiences, and don't hesitate to take measured chances.

And you are correct, in response to the Lahaina fires, most insurance companies here have changed their criteria, stopped insuring, become more stringent in property inspections, etc. 

This stringent vetting helps mitigate the risk associated with tenant selection.