This leads me to speculate that in the far future when Atlanta becomes the big city I think it’ll be, this Condo will probably be worth a lot more in the future, so this is actually an ideal unit for a long term buy and hold (if you have other cashflow to deal with the expenses).ExpensesI’m just going to post a picture of the spreadsheet I used for this.Operating Expenses + CapEx AssumptionsThe three main expenses here are the HOA fees, Property management fees for when expansion occurs, and taxes.

Mashvisor is another tool... relatively less expensive than airdna ..it works off similar algorithms and will at the very minimum give you a heat map of occupancy rates & even  rental numbers.. you will have to go to the town and click rental comps to see a picture of the existing rental properties and sort by distance or even number to get a fair idea of what others are getting in the vicinity .. add and top it off by searching calendars and occupancy on Vrbo and airbnb sites

Although STR can seem sexy and the potential to make more than a long term rental, you also have to consider the start up costs...furnishing, linens, plateware, small appliances, washer/dryer, baby gear, decor, pictures, curtains, televisions, games, routers, professional photos etc etc.Hope this helps a bit, not trying to talk you out of it, just food for thought.

It can be manually overridden at the property and it can be motion activated set.

The good news is our margin is good enough to not stress a ton about a single bad renter but I'd prefer we have a really clear picture before closing.  

So the whole "tenant friendly state" shouldn't much matter...I will certainly keep CT and NJ in the picture, and be sure to look into the areas you suggested.

Not including the obvious of outside/inside presentation and high quality pictures online.

CHECK LOCAL CODE.With that being said I'd like to paint a picture for you.

The County is a much bigger picture.

Ive heard of others just submitting a picture of a check with their offer, is that acceptable or would the agent just say the offer is null unless funds are in escrow?