Schematically AirBnB seems to be exerting downward pressure on hotel rates - as are micro-hotels - the pod style tiny hotel rooms many of which are on a common  bath.

Given the variables involved, I would consult with somebody that is proficient in financial calculations---the easiest way to get a gauge on this is to request a amortization schedule from your existing lender.Regards,Scott Miller

Plus call-backs are not so easy with out-of-area companies.As with the idea of light gauge steel:  Wood structures can burn- true.

How best do we gauge HOA involvement and property upkeep?

Say Kokomo  Marion Anderson  shelbyville  those type of cities that might not have the pressure of Indy. 

Most of our inventory is older too but it's clustered near the University of Nevada, Downtown Reno, and Midtown Reno which are all safe and experiencing a lot of gentrification/upward price pressure.

States also change their laws, and buckle to federal pressure.

If you only have a still camera, that’s second best — just take pictures of everything, with close-ups of any actual damage you see and wide-angle pictures of absolutely everything.Ensure that the doors and windows open and close, that the faucets work with good water pressure and the sinks drain at a reasonable rate.

Determine what premiums you will charge a tenant for such an animal in terms of additional monthly rent, security deposit, lease commitment, as well as renters insurance as my friend @Derek W mentions.I've made way more money by solving others' problems than by getting into arguments about why someone's (arsonist) kid is really just misguided or that their dog is normally a sweetheart (as I apply tourniquet pressure to my bleeding calf muscle with fang marks).I'm still trying to make Cesar Millan's 'shsshtt' technique work on my unruly probate clients!

That's got to put pressure on the rental market and push the property values and rents up.