When speaking to the owner (building rapport), your main goal is to figure out which of these main 3 is most important to them.

They can add back "Experiences", take the bugs out and refine it. 

If you have an existing property that you've been renting out long term and want to switch it over to an STR to take advantage of this, is the IRS using the full calendar year to avg out the 7 day avg stay?

From a rate perspective, likely is not close to making sense at the moment, would need rates to drop further, however if value has increased and you are looking for cash-out, that motivation (any lower rate as icing on the cake / secondary concern) it could make sense to look into

I think it was on a downward trajectory ever since Studebaker went out of business 60 years ago, but has clearly been getting better in the last 10 years.

You could also try to connect with wholesalers and buy a rehab property with the intent to refinance and rent out.

You are missing out on all the fun of investing in NPLS' here in the states!

Best of luck, and feel free to reach out if you have any specific questions!

It's all old cottages that can be really cute when redone, and the location is fantastic, right between the airport and a skip and hop to the river and downtown.You might also look into some more "boring" options, I've heard there's new suburbs happening behind the airport, and look out to the suburbs nearer to Micron, etc as well.AirDNA should give you plenty of good data as well.

Congressional Insurance Associates out of Germantown.