Resulting in lower quality construction and/or higher pricing to try and match them.   

Personally I would do a water change after every guest.To decide if the hot tab is a value add, look at your competition.

Hi Kathryn - I personally would have no problem sharing insights if another host or soon-to-be host reached out to me.

Other things that impact the cap rate can be premium location, newer age for the property vs old building, quality of tenants, etc. 

Also, my tax bill was super high this year since my property didn't really require any maintenance last year, and this would be a beneficial write-off as it would buy back time and ensure a quality property.

@Dave Kush  I personally invest in higher end stuff on the Northside of the city so there is less distressed to choose from, but the payoffs are bigger when they hit.

All the consumer knows is what S/he sees on AirBnb or VRBO or (if you have one) your personal website. 

Personally I would serve the 3 day notice and then serve the notice to vacate after she pays.

This could be attributed to the higher quality of life, better schools, and overall satisfaction with the living conditions in the more upscale areas and there is no thing like 0 vacancy. 

I'm reading an application that sounds as if my personal assets would back the loan.