However, be prepared for limited inventory, higher competition, and possible compromises.

My business partner and I bought into it  quickly saw its limitations then just as quickly canceled our service  within two weeks.

This limited inventory will likely continue to drive prices upward.Sales - Median $/SF by MonthThe $/SF decreased slightly MoM, conforming to the seasonal trend.

. -- appears to have some properties that would cash flow well, but may be limited on long-term appreciation.I'm looking to stick to market-rate properties.  

It just feels like I’ve been making a lot of short term sacrifices for long term gains and I have to be really diligent with money management. or I could also just try to borrow money for the renovation, and pay off the line of credit over time, but I feel like that really would limit me and if the stock market(my collateral) went down I could also see some trouble. 

The town of Shandaken has some pretty strict rules regarding STRs, requiring a "absent owner" STR to be owned for a year before it can be used as an STR, and also limiting the number of STRs to 100 properties.

Say you position in great locations where the experience is highly sought and highly valued with limited offerings.

Some transport companies have house kats that can get off the road and onto the site for an additional charge or you can hire a third party if the access from the road is limited.  

For Chase, they seem to have the edge in this category, but I don’t like their business credit card options.Business Credit Cards: I prefer to keep all my accounts (personal and business) in one place, but the options are limited.

But from my limited time in the game, I’ve found that my complete lemons are cash cows a few years later as market rent comes up well and my cap ex fixes a few years ago have paid off.