I don't see how any of that makes sense.Speaking of Prop 13, you will lock in a lower tax basis by purchasing at cyclical lows, which boosts your long term profitability as well as your immediate chances at cash flow.The sales commission for the $50,000 property would be $3,000 and as long as the property is greater than a 6 cap it will cover that in less a year.  

Yes, the outside world influences the decisions inside REI, but this discussion had already made the choice of using REI.The rest of your comments sound great, sound, and reasonable influences on how and why to get here. 

The first 30 days is critical as that is when you get the boost in search results from Airbnb and VRBO.

We find that platforms like Facebook Marketplace, Zillow (where we invest to boost our properties), and Realtor.com are effective channels for advertising our units.

I am not sure how you market the property, if you market it as a short term rental and/or vacation rental but if you target vacationers maybe try notifying travel agents of the property as it may boost interest, they will generally (I believe) want some sort of kickback or concession if their clients rent the property but that is a small price to pay to have it rented instead of vacant.For vacationers:As for the reason for the late/last minute bookings, I think many people feel the later they wait the better deal they can find so they purposely wait knowing that in the event they don't find a cheaper rate they will still be able to secure a place so there is really nothing to lose for them, it's not like the price will go up the closer it gets to their arrival date. 

All in all, I know my career was boosted from my long time membership here and I know many others agree and have had similar results.

A broker, on the other hand, will be good for someone that is newer, somone that does not have a significant relationship (meaning cash in the bank), or someone with financials that are heavily influenced by their real estate holdings.

You'll want to ask them about cost segregation studies as well, as they can greatly help you reduce your taxes and boost your cash flow.

The market demand seems to influence hard money rates while the wall street buyers for long term notes drove the rates.

This is in depth information and being new investor in Las Vegas, this has helped me boost my investing journey.