For the income to switch to Sch C reporting, you also need to offer services similar to that which a hotel might offer such as daily housekeeping, food/drink, and potentially various other amenities depending on how you'd like to qualify.What you describe is simply changing property managers, it doesn't really matter whose name is on the AirBNB listing.

You can attract more quality from the tenant pool by having a nicer unit with more amenities but a renter for Cherry Creek will simply not even look at a unit in Westwood no matter how nice or what the price.

Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.

Let's explore the influential role Millennials play in the housing market and how their preferences are shaping the future of housing.Preference for Urban Living: Unlike previous generations that favored suburban or rural lifestyles, many Millennials are drawn to urban areas with vibrant cultural scenes, diverse dining options, and convenient access to amenities.

Need to be well located and be amenity rich - I assume this to be true in quite a few markets.

I would guess most owners are probably not also including these amenities but would still love to hear your thoughts on this anyway.

Adding the right amenities like a hot tub or sauna here in Colorado make a big difference as well.People are still going to visit Sedona.

Second, identify the type of property they demand (ex. well-built townhouse or duplex, with on-site laundry, amenities, built 1980 to 2010, private entrance, etc..). 

What are the value add components that one should consider, like amenities.

I got my Va to create a spreadsheet and call all of them for rates, amenities, and if they where at capacity.