Assuming the data is accurate, it could give you a leg up, but the counter is that prices in those areas are higher.  

My name is Aaron Wilkins and I am IT engineer in the DC metro area.

Economic means they are paying.In certain areas of Memphis, economic occupancy is rather low.

They would go cheap on areas that were most important - like accountingJust some of the insights from the past.

We are able to book at a higher occupancy and at a higher nightly rate then our competition in the same area.

I imagine there are a lot of 3/2 that probably sleep 8-10 and if you can offer a slightly larger bed count and a cool game room/theme room you can differentiate yourself a bit from your competition and get some extra revenue through slightly higher rate (extra person fees, etc) as well as an overall higher occupancy. 

@Rahul Tripati In my area it is standard that landlords pay the water and sewer bill, the utility company won’t even put the bill in the tenants name.

There are a lot of current headwinds for STRs in Colorado.

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $135,000

Cash invested: $80,000

Turned a 2 bedroom 2 bath house into a 7 bedroom, 4 bath house. We rent rooms pe...

What is the norm for deposits in your area?