As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?

I live in a popular vacation town in the mountains of Western North Carolina.

BRRRR was easy to win at when all the books were written and when it became popular.

Eco-friendly, off the grid properties are getting to be very popular experiences out west!

But, they are very popular gurus and are making a lot of money teaching their "classes" and groups.

We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.

Even the main city of Malaga, who was considered a backwater city just 10 years ago has become very popular and is now turning itself in a little Silicon Valley and banking center.

A debt service loan is popular for that step.

Contrary to popular belief, this is not set because I believe it will give me a higher return.

It really helps to see how Redwood properties stack up in terms of returns versus popular metro areas (from what I’ve heard).What would you do first if you were to break down the property’s biggest potential value-add?