St. Augustine STR?

[John Kirtley]

Hi all. We're considering St. Augustine for our first STR investment. We're looking at downtown homes with pools or homes near the beach. The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months. I know there are some STR regulations, but it seems there are plenty of parts of town where it can be done. Any general thoughts on investing in this market and cash flowing with 20% down? We're open to other markets, as well, but really like St. Aug. Thanks so much for your insight!