Research
Operator-Level Market Reports.
We underwrite hundreds of properties a year. These are the patterns we see — published quarterly, written by the team actually buying in these markets.
Q1 2026 · Sevier County, TN
Smoky Mountains
- ·Inventory up 8.2% YoY; pricing power compressing in sub-3BR cabins
- ·Premium 4BR+ cabins with mountain views and hot tubs holding ADR
- ·Best-in-class operators clearing 70%+ occupancy at $385 ADR
Q1 2026 · Walton County, FL
30A / Gulf Coast
- ·Insurance costs up 22% YoY — single biggest underwriting variable
- ·Gulf-front and 1st-tier south-of-30A still command premium
- ·Shoulder season (Oct/Nov) softening; spring break and summer firm
Q1 2026 · McCurtain County, OK
Broken Bow
- ·Inventory growth has slowed materially — first time since 2021
- ·Top 25% of cabins outperforming median by 2.4x on RevPAR
- ·Theme cabins (rustic-luxury, modern A-frame) outperforming generic builds
Q1 2026 · Fredericksburg & Wimberley, TX
Hill Country
Next report ships in Q2 2026. Request the Hill Country report and we'll send it the day it's published.
What's Inside
Built for Underwriting, Not Marketing.
Comp set analysis
12–24 directly comparable properties with ADR, occupancy, and revenue.
Submarket tiering
Which streets, view types, and amenities are pricing in vs. compressing.
Cost structure
Real numbers on insurance, taxes, cleaning, utilities, and management.
Our buy/pass list
Specific property profiles we'd write offers on and ones we'd skip.
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