Cosmetic value add options, fast equity gain, and high demand area.

Purchase price: $215,000 Cash invested: $12,000 SFR in high demand rental area, 3 bed/2 ba, adding 4th bedroom.

Are there any restrictions on STR/Vacation Rentals and is there demand in your area?

Thus far Airbnb is saying they will not refund the guest as it does not quality for their extenuating circumstances, hopefully they do not reverse course on that decision.My understanding is right now the only valid CV cancellation is if you are travelling from overseas from China or a couple of other countries and your flight was cancelled, or if you are military or medical and and being called to service (existing interpretation of the special circumstances policy as they explained it). 

Ridiculous from my perspective.My properties are in NJ, but my mortgagee is in MI.I'm under the impression, a mortgagee can legally only demand the mortgage amount is reflected in the coverage. 

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

I know for sure they have average DOM for all zip codes and I've seen them give a snapshot of turnover by city before, but not 100% they have that info on demand.

Secondly, tenants can make wild claims about their labor and demand pay.

I think it boils down to supply / demand for housing but, nevertheless, I'm sure there is a lower limit on what return investors will accept.

While broader economic conditions might point to a flattening or slowing in national demand, we're just not seeing that here in Metro Orlando.