Short Term Rental - Resources to select and manage. Location TBD

[Lynne Hart]

Hi everyone!  I'm a realtor and investor in St. Louis Missouri, with mostly longer term rentals, however I have one short/mid term rental in St. Louis (currently) and two in Puerto Rico.  I'm considering this year that I MIGHT sell one or two of my long term rental buildings and scale up to a short term rental in a new market.  I'm open to consideration, especially if there's a lucrative reason, but am looking for thoughts and considerations in the following areas:

- I think my first spend would be about 200k or less.  

- Considering the Miami/Fort Lauderdale area, maybe something else in PR, or maybe Dominican Republic.  Open to other locations but ideally this would be a location I might like to visit from time to time.   Touristy enough to make money, but prefer not super touristy unless of course the money is insane!  

- That 200k currently crosses me about 29k and net about 22k.  So the reason to make a move would be a markedly better return.  If I find that, I could sell one or more additional buildings for further purchases.

- Also of consideration is long term rentals if the numbers are right, I'm hearing crazy things about the rental rates in some of the major metros.

- Bonus points if you are a realtor and/or short term rental property manager who has a turnkey offering, managed for me.

- I could be willing to do some amount of improvement, but not major projects in markets that I'm new to and not present in.  

- If you happen to be in St. Louis or eastern Puerto Rico - I can cover those locations myself, so no need for help there! (sorry, its what I do for a living).

Looking forward to your insight and possibly new business connections!

Lynne