Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

When trying to analyse STR I try to use as many data sources as possible, AirDNA, Rabbu, Pricelabs and good old networking, ask around see what other investors are getting for their units. 

It's hard to get millions of people to agree on anything, but it is a very tried and true way to conservatively grow a portfolio.

I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find.

I'm trying to understand how frequent this is.  

What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

They are trying to rent a house they do not own. 

Hey Martin, If you're interested in getting started, you should try to find a career in real estate.

Try interviewing at least three managers.1.

Complicated post and I realize this might be more geared to a CPA, but figured I would try here and see if anyone else has come across a similar situation.