How to chose location and buy correctly in STR market

[Alec Khlebopros]

With everyone and their mother buying up STRs, what is the proper way to assess the asset without overpaying for it. Numbers from 2021 and 2022 net income will be more difficult to get going forward with increased supplies of STRs coming on board in popular destinations. Would you chose mountains vs beach and why. From the experienced investors in STR space, if you would do it all over again what would your thinking process be in choosing location, HOA vs no HOA, mountain views vs no views, waterfront or looking locally to where no one is really looking yet. Thank you