Demand, regulation, and supply -- in that order
A strong short-term rental market needs durable visitor demand first: tourism, events, proximity to outdoor recreation, or a consistent business-travel base. Regulation comes second -- a great demand market with a permit freeze or a strict owner-occupancy requirement can be effectively closed to new buyers.
Supply and competition come third: a market can have great demand and workable rules and still be saturated with inventory that compresses everyone's average daily rate.
Why market selection should come before browsing listings
Buyers who start by browsing listings nationally, rather than picking a small number of target markets first, tend to underwrite against inconsistent comparable data because they're comparing markets that don't behave the same way.
BNB Accelerator currently sources across eight states specifically chosen against this combination of demand, regulation, and supply, and confirms your target market with you before sourcing begins.
BNB Accelerator's acquisitions team, led by Nick Korom, screens over 1,000 short-term rental listings a week and hand-delivers the roughly 2% that clear underwriting. Book a free consultation to see what a done-for-you short-term rental acquisition looks like for your situation.