For example, the revenue expected during the low season is five times less than during the peak season.In summary, this methodology offers a comprehensive approach to analyzing the short-term rental market within specific subareas of interest.By localizing demand hotspots, identifying outstanding property types, uncovering key amenities, pricing strategies, and conducting a financial case study, we gain valuable insights into expected returns for properties available in the for-sale market.Ideally, investors would conduct a similar analysis for every demand hotspot within their city of interest, evaluating both the short-term rental and for-sale markets before assessing expected returns.Legal disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial, investment, or legal advice; individuals should consult with a qualified professional before making any investment decisions.Did you find any value in this article?

My house is in-line and competitive with local comps and has quite a few updates and improvements since i've owned it.

The Wholefoods store was a Cadillac dealership at that time.

I also would like to sit down with the person so local is preferred.I am now listening to Podcast 049 with Amanda Han, she seems great..

Do you go to local RE meet ups?

Take pics many videos, then call city code enforcement for inspection.Also, look into your state & local laws about escrowing rent for lack of maintenance and follow the rules EXACTLY.

@Christian Dozier best place to start is local RE groups, find a wholesaler or someone in acquisitions and figure out how to add enough value to take you under their wing.

By tuning in to the BiggerPockets Podcast and connecting with local lenders and brokers, you can build a strong network.

Penalties:Misdemeanor of the first degree: This can result in a maximum imprisonment of one year and a fine of up to $1,000.Civil penalties: You may also face additional civil penalties depending on the specific circumstances.Permitting issues: Local permitting authorities might withhold final approval, revoke the permit, or pursue other actions against you, maybe not give you the CO. 

The answer to this depends on the local market.