So far in the Coachella Valley, Desert Hot Springs and Indio are the most relaxed cities when it comes to STR ownership.

The subsystems and their applicable energy savings targets include:HVAC and hot water systems (15%)The building envelope (10%)Interior lighting (25%)Can my CPA do this?

I also updated 3 out of 4 furnaces and 3 out of 4 hot water tanks.

Investors would be able to purchase properties through easy qualification based on long-term market rent, plug them into their fine-tuned STR machine and then execute a cash-out refinance a year later; banking higher leverage and recycling STR cash flows into more properties.In 2021, during a blazing-hot real estate market, property prices were rising and investors who had become professionals in the STR space began struggling to qualify to buy properties that wouldn’t qualify under long-term market rent.

Does anyone know what markets are hot in the area right now?

@Lakecia Ann  Depends on where you're based and how hot the market is. 

But when there is no hot water and its 20 degrees outside and everyone says "we'll try to get out next week" and your wife is shivering in the shower every morning...you pay the $1000 and try to recoupe it later).Hope this helps!

Yes it totally makes sense why FHA 203k is not doable in this hot market.

Sooner or later you’ll have septic/plumbing, electrical, hot tub,and  HVAC issues.  

Small but charming home flipped in this hot market.