Is Minnesota or Wisconsin STR friendly?

[Christian Espana]

Dear BiggerPockets, 

Looking for advice in regards to NOO STR somewhere between Minneapolis and Birchwood. Long story short, last year I sold a property in Northern CA with the aim of buying in Truckee, CA (ski area); however between prices and wildfire risk we are now considering lakefront properties in MN or WI.

My wife is originally from Minnesota and her parents live in Birchwood, WI. Ideally we'd find a property between Minneapolis and Birchwood that we could use while visiting and STR otherwise. I have come across some properties on the MLS that look promising and could cash flow as long term according to Zillow which could be an option as a plan B. Our biggest concern is not really understanding the NOO STR regulations/permitting in the area and access to cleaners.

Thank you in advance for any feedback!

Christian

[Alyssa Strom]

@Christian Espana Northern WI is generally STR-friendly since cabin rentals are incredibly popular in these areas but always double check with the city/county. I'd reach out to a few current Airbnb listings for cleaning recommendations in the area you choose. I'd say the closer to the Twin Cities the better and you'll crush it the summer and winters will be slow. Happy to connect you with a few investors with similar properties if you'd like!