If you can definitively prove that the seller intended to deceive you about the square footage for their personal gain, you may be able to take legal action, but probably low chance of success considering you had ample opportunity to measure the home or get an appraisal with measurements prior to closing, and had your chance to negotiate the price based on square footage and all other factors prior to closing. 

Some in prime locations will be bought by developers and others will probably deteriorate and eventually shut down - that may take decades though.

STRs require a lot more cash up front so you just want to make sure you have a good idea of what you're getting into first :) I own STRs and love it but I also wish I had learned a little more about the analysis and management prior to going live - I did some of that on the back end and could have been successful faster.Another idea is to talk with some owners 1:1 to see what advice they would have for someone starting out.

In search of an Airbnb, located in a Touristy area, that is willing to donate 2 nights as an auction item for a 501c event.

Prime Location: Waterfront properties offer unparalleled views and access to recreational activities, making them highly desirable for vacationers.Strong Rental Demand: With the rise of vacation rental platforms, waterfront condos often experience high occupancy rates and attractive rental income potential.Appreciation Potential: Waterfront real estate tends to hold its value well over time, offering the potential for long-term appreciation.Vacation Rental Income Strategies:Marketing Tactics: How do you attract and retain vacation renters for your waterfront condo?

Make sure you carefully evaluate the credit quality of this tenant prior to leasing to them.

Quote from @Willie Creear III: I currently own a Mid-Term rental located in Greater Seattle.

(Your mileage may vary)Prior to finalizing a lease agreement, I am considering presenting tenants with two rental price options for consideration:1) Inclusion of renter's insurance within the lease terms, with the option for tenants who decline coverage to pay slightly higher rent (wherein the associated premium cost is included in the monthly rental amount without the tenant's explicit knowledge).2) Inclusion of renter's insurance within the lease terms, with the option for tenants who obtain coverage to receive a slight discount on their rental rate equivalent to the cost of their renter's insurance premium.Optimistically, the second approach aims to incentivize continuous coverage for the tenant through a comprehensive renter's insurance strategy.

Hi all! I'm researching STR options for my first investment, and I'm wondering what areas of California are prosperous for Airbnbs. I live in San Francisco and would prefer to manage it myself. A couple of options I...

Given that the property is located in a C/C+ neighborhood with a tenant pool that may not be the best, and with many neighbors owning pets, I'm debating whether to replace the carpet with LVP (Luxury Vinyl Plank) flooring from the outset.I have a cat, and while he's generally well-behaved, there's a chance he might pee on the carpet if he feels threatened by other animals (read: if the other animal is inside the same living space as him).