Newbie looking for location tips and general tips

[Sarah Woodman]

Hi, I'm new here. My husband and I live outside of Charleston, SC, and we have a few LTRs here. We are looking to get ourfirst STR in Western NC that we can also use as our own vacation home. We are interested in Waynesville, Brevard, and Bryson City, but leaning toward Waynesville. It looks like Brevard has a lot of new restrictions? What do you think of these areas for STRs, and/or would you recommend other areas to explore? Any other tips or knowledge you have to share would be greatly appreciated!

[Bruce Woodruff]

This is not specific to your area, but I think it applies to anywhere....

1) Choose an area that has a year-round attraction. Not saying that there aren't some areas that can generate a ton of money with shorter seasons, you just have to find them.

2) Try and find an area that everyone hasn't already discovered. I know, sounds like a dumb think to say, but think about it...

3) Be aware of the errr, I don't wanna just use the word 'politics' but you know, the overall attitude of the area. Are they STR friendly? And is that always a bad thing? Can you be the first one in and take advantage of the rules as they are?

Lots to think about if you want to be successful. But you must go there if you want to do this right.

Just my .02....