Some of the surrounding towns don't regulate STR, at least not yet.Regardless, if you purchase a property in any good size city that you intend to use as a STR, I would suggest you purchase it such that you have multiple exits. 

Size can be a benefit, it can also be a detriment.

Also, the size of the cabin will matter (for both occupancy and nightly rates; not necessarily bigger cabins = higher occupancy but they equal higher night rates) Since launching in late August, the Fall has been solid except for September but this is consistent with what we projected.

All that first place needs is a life sized Thomas the Tank Engine.What an impressive kids destination.I'm glad it's not my neighbors house though (re the noise). 

No price change, there are not many of this size in our surrounding area or at the new competition.Not passing on any knowledge. 

You can serve them a rental increase letter that would take into effect the 1st of the month so you would be able to serve them today and it would be effective starting Dec 1, 2021. 

Surrounding areas (10-25 min travel)have decent rental opportunities but family size (5) has house hacking seeming as more of a hindrance to the family.

One of the big things is that the net worth of the borrowers needs to be at least the size of the loan for the property.   

If I had no properties and 300k I would look to BRRR locally no matter the size as if you can keep getting your money out and reusing it you can build quickly versus saying using the 300k as a downpayment on a 1.5 million dollar 24 unit that your money will need to sit in. 

. $200-400/month depending on the size of the property.