Failure is not an event.

So useful life is only a statistical tool used to predict failures.

Don't think that one particular out of state market will shoot you to success or abject failure.

A failure by the landlord to comply with this subdivision is a violation of sections 504B.161, subdivision 1, clause (1), and 504B.221.

Our lease explicitly states I expect their renters insurance to pay for lodging for any unexpected failures that temporarily make the unit uninhabitable. 

It doesn't matter how good your property is - if you have one weak link in the chain, it can lead to failure.

You should seek out a local attorney to discuss this matter with, as failure to comply with certain laws could cause problems for your existing company. 

STR comps is not like regular rental comps however as each STR business model is different and each host is different so getting data on someone else's success (or failure) as an STR owner is not necessarily indicative of what you might see.  

In looking at the property, there was an inspection sticker showing failure due to leaked oil tank.I'd be open to chatting with you if you need to understand the basics of "putting a house back together" after its been gutted.Good luck.

Failure to meet this deadline results in the forfeiture of the landlord's right to use the security deposit for damages.