As the barriers to entry for obtaining a short term rental permit on the Oregon Coast or high potential areas of California increase, that should bode well for operators of short term rentals in some of those areas.

@Earl Co,I never was able to get your application to work however appreciate all efforts in putting this together. 

Hi Jenna, I am also trying to start my list of potential properties in my area.

I get more concerned about how they could, in theory, change their rules on rentals in the community, and potentially not allow any grandfathering of existing rentals.  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I think you'll find that the '1% Rule' isn't applicable in most markets - especially those that are high demand - and that it hasn't been for some time. 

On the other hand, Cincinnati offers affordability and ongoing revitalization projects, creating potential opportunities for fixer-uppers and value-add properties.

My apprehension stems from the possibility that the elevated borrowing costs may outweigh the potential rental income and tax advantages, making it challenging to replicate the financial benefits I've enjoyed in the past. 

In fact, I've changed basically nothing from the strategy I've been running there since 2019.That said, I'm strategically picking properties in strong C Class areas that have potential to transition quickly to B areas.

Not sure in this situation if my location is more applicable than the real estate location or not.