So we had a few months of vacancy spike but are now caught up.Honestly I thought the setup worked well. 

So for four years, the tenant can leave at anytime they want, but you're stuck with them with no ability to re-assess the market and raise the rent accordingly (even if there's a big spike in market rents). 

No, not really...... landlords pay 100% of their bills with rental income, and this law would also spike your rent to cover all of the money that would funnel into legal aide from this.CT Connecticut

BTW - many tripods let you retract the rubber feet to reveal a metal spike for use outdoors. 

That's why I stress underwriting the financials conservatively and doing a full inspection while obtaining quotes of costs especially since we have seen a spike in material/labor costs year over year.

There will probably be a spike in opportunities but will be sucked up quickly.

I've read the forums and talked with some people who have cabins there but it seems like they were all there before the spike in prices.I feel like I've read everything I can, watched all of the Short Term Shop videos, and am ready to pull the trigger but just want to make sure.Thanks in advance!

Taxes are only $3K a year.I have also put in approximately $20K into the house to make it more livable ( flooring, new kitchen etc ).With the spike in home values in our area over the past year, I feel that the house is probably worth in the $325K range, and our outstanding balance that we owe now is approx $215K.  1800 ft square house, with attached garage ( which we are going to convert into living space this summer which will take it to 2400 sq ft ) on 3 1/2 acres.Wife and I credit scores prob in the 5/600 range.  

In other words, yields (cash-flow) will increase.We will see a spike of inflation and higher rates, although still historically low, for a year or so before rates continue their trend downwards. 

-meter spike.