They are hard to get in the area, how will you have reliable and back up staff in an area where these service people are in demand and larger PMs pay and treat them very well? 

Travelers have returned to Orlando in droves and we expect very strong occupancies for the foreseeable future due to pent up demand with Disney tourists.

I therefore don't think that a comparison with any area of the US makes any sense.Contrast that with Mexico, which has a large domestic demand for the same kind of real estate that foreigners buy.

With everyone still living virtual lives (work and school), we've seen a massive influx in demand for STRs in the area. 

The demand for smaller multifamily properties is very high. 

Many agents in the Bay Area intentionally price homes well below their market value to create demand and multiple offer scenarios.

We are even flipping in the Cameron area as well now because of the demand we are seeing.

Utilities are one part of the equation but it really comes down to demand.

And if you think it will continue to be a strong sector to invest in, what are some of the demand indicators you look at to help you come to that conclusion?

Thus even after rent rises due to supply and demand repairs remain the same initial cost based on 5% of the initial rent valueScenario B) Rehab is done and repairs are a flat value based on the post rehab rent price (let's say 2% of the rent value), and the repair price follows scenario A, except it’s just (hopefully) lower.