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STR in the Fenway Area
My wife and I are considering using a owner occupied loan to purchase a 1bed 1 bath condo in the Fenway area for around $450K. We would live there for one year and renovate/decorate the unit for a STR.
We are new to real estate investing and short term rentals. Does this seem like something that would be profitable? Are there any regulations for STR in Boston that we should be aware of?