Structural repairs can be very expensive, so it can be hard for condo associations to convince members to pay for them / to save money to pay for them in the future.

Property managers can also be expensive.

Listings are now selling for roughly 95% of their list price on average.

There are still areas where you can buy units for $200k/ door but they require a lot of work usually and covering all operating expenses and interest payments can be challenging base on low-ish rent levels in some places.

That’s an average of $3,170.

High level...the average commission rate is going down, the quantity of brokers (and brokerages) are going to be reduced.

Some cities require the STR permit number in the title or very top of the OTA listing so city permit  technicians can scan and keep track otherwise the owner will be contacted and fined for forgetting or shut down if operating illegally.Some cities have a 24/7 STR hotline dedicated to receiving any complaints (from neighbors, HOA) for a code compliance officer to act onSome cities issue expensive fines for those operating without the STR permit

The cashflow goes up every year as the mortgage is a fixed expense but rent increases at least with inflation and much faster in certain areas.

Prefer buying in St Louis, Jefferson, or St Charles in desired average grade residential neighborhoods Any help is greatly appreciated! 

will add it to my template response for why house hacking is better, why it works in expensive markets, and how the goal is not to 'cash flow.'