Do your research and price appropriately to your market and your competitors.I agree with Michael Baum.My 2 cents,Mike

Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

However, based on regulations, only Seattle and San Jose allows you to have two separate parcel numbers.

Trying to protect their cash from inflation or government appropriation. 

Norfolk is pretty loose on regulations, but fewer areas are desirable, and Virginia Beach has very specific locations that can be STR (Sandbridge and The Resort District).

They should definitely keep offering a fee and letting it be known in advance, whatever they deem appropriate that will help them sell (2 percent and up in my market although it is always negotiable).

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

I know I need to learn all local regulations, why the property is available, if the current tenants have leases, all of the financial analyses (Let me know if any of you have come across something I might not know), section 8, available grants, and possibilities to finance the deal if the numbers work.  

Once you find an iBuyer, the company will determine an appropriate purchase price using market data.