I also like to have my phone handy showing the final comp set pricing on the traveler view on Airbnb at the same time.I think starting out slow is good.

And, as Nathan noted, you are likely giving up huge appreciation potential, which will likely never be replaced by cash flow.But at the end of the day, if you are in a declining market in LA and are able to find great deals in higher cash flow areas, taking into account the likelihood of needing to outsource everything and additional travel costs to visit the properties a couple times per year, and you don't really care about appreciation, then it could work for you.  

The fire dept just makes sure there are 2 and smoke detectors 

BR gets a decent amount of bookings from Floridians so gas prices and opened up air travel would be my immediate concern if you are looking for a cash flowing property now.  

Do you send application to traveling nurses or only working professionals? 

In fact, it was even worse because they overlooked a ton of code violations (missing smoke detectors, etc.)* Accounting system is f-ed.

The mid-term rental market (insurance relocations, travel nurses, and other professionals) is oversaturated.

If you are careful and listen well you will be able to see through the smoke and mirrors to the real applicant.

., corporate housing, traveling nurses) do achieve the 2-2.5x multiple.

Here are some key insights I’ve noticed:Tourism Growth: Indianapolis has become a hotspot for both leisure and business travelers, thanks to major events like the Indy 500, conventions, and sports tourism.