I had a home I rented for a year or so through a management company after making a cross country move at the tail end of the real estate crisis.  

As a Fannie Mae and FHA Multifamily underwriter, your replacement reserve should be based on the overall economic remaining life of the building.

Not only are more families recognizing that a vacation rental is an economical and spacious way to vacation, but investors are realizing how to make it work well financially, with the benefit of using the house themselves occasionally or as retirement plan.

@Todd Dexheimer we don't treat Cincinnati as 1 market, but a collection of 25-30 because there a very different economic drivers in different parts of town.  

Economic facts; risk and reward and barriers to entry, high risk = high reward, lending can be a very high risk.

Recently while looking for resources on past real estate cycles, I came across below 2 articles.1. http://www.businessinsider.com/the-economic-crash-...This article has a lot of data but is missing the explanation for that data.

If you're into multifamily, we are posting multifamily news (including reports on local occupancy and rent trends and economic data) at Multifamily Partners.

The local economics in Seattle are very strong.

This rental increase can be extremely disruptive to the repeat business that many homeowners rely on.Many Cape and Islands homeowners struggle economically due to the very seasonal nature of business here.

I just had to do 70% with Freddie on a 210 unit complex in St Louis because it had 80% economic occupancy vs 94% physical occupancy (aka crappy current management) and this was the first property in the submarket for both my Fund and my property management company.