I would be interested in hearing what you define as a high-priced area, as my contention is that most properties (esp condos/town homes) in the $90,000+ range, provided they're well-maintained, would generate significantly greater cash flow as short term/ vacation rentals than traditional buy and hold long term rentals.

As a buy and hold guy I use a rent number to back into a price range but always qualify my offers by saying I need to see the house.

I did compile nearby properties with pictures showing there are only 1 property sold in that range in the last six months but that one has new kitchen, granite countertop, SS appliances, new hard wood floors, new windows with accordian storm shutters etc etc etc...and this one is 1955, unchanged.

Like two different 1-2 hour windows (and try to cluster them as close together as possible within the range since the 1 person that can only make it 30 min after everyone else is about 18,000x more likely to be a no-show:) ).

Stay in a range where agents still actively SHOW IT or you're dead.

I did it on a low to mid range rental and it is OK there.I did something similar on a bed and air matress.Pics look great.

I think the prices range between $9 and $15 depending on where you live.

I had a few homes in the $1,500 range that would sell for around $7,000 and some deals that go for $8,000 and sell for $13-15K.

range.

If you smooth out the management and maintenance stuff you might still be in the range for that.