However, a major employer pulling out of the town your rental property is in could severely impact the rental market, cutting your rental income.

They soon will be putting a rail line to get to Miami way faster for concerts and such which will only draw more coming into town for events plan to fly into Tampa for a more affordable plane ticket and housing. 

Acquire a primary residence, and while out of town for work, rent the property as either an STR or MTR.

It seems every town I look at either has recently passed some egregious or is considering it.

Most of our units are currently full of locals who had Helene damage or they are in town to do restoration work so they know the deal. 

For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Those major cities that you mentioned are fantastic options and have TONS of potential tenants/students, but their barrier of entry is much higher than traditional "college towns" like Lubbock or College Station.

But you'd be surprised at some of these average smaller towns can do STRs very successfully. 

Better market than other towns north on 69 highway in my opinion.