We carefully select our base price after looking at comparable properties, neighborhood data, data from previous years, and, of course, considering the condition and quality of the home.2.

In fact, we have a bulk package plan on all of our homes that allows us to earn a tidy profit simply by providing internet service.

But if the home is taken care of it will appreciate, just not as much as a single family or condo.  

Some other factors to consider - How long are you planning to hold this property?

I plan to buy my first rental property this year

I would make sure you are very clear with your client what the rules are in the areas they are planning on purchasing an STR.

Take care!

There's 3 floors of old apartments upstairs we have an architect working on a plan right now.

Planning on enforcing fines and using a camera to monitor the area.

We have in effect done a pocket veto as we have not responded, but I plan on responding indicating we need above LTR rates otherwise we can just switch to LTR increasing our revenue due to reduced expenses.