A strong foundation for a future in real estate investing is built upon considering all avenues and points of view.Take the person who wants to invest in STR now and doesn't listen to others' advice on checking the local regulations and heat of the topic in the locale.

Carry appropriate types of insurance.

I also utilize subordination of the mortgage and substitution of collateral where appropriate to create the “enhanced” returns that I seek.  

Multiple times projects took so long to get started or to get an appropriate bid, I ended up having to handle it myself (ie. roof replacement, unit turns, etc.) 

Additionally, how do you think the changes in density regulations will affect housing availability and affordability in both cities?

When it comes to tenant screening, it's important to balance your right as a landlord to protect your property with compliance with Fair Housing laws and local regulations.

If managed well, it can be a reliable way to build cash flow—just do your research on the local demand and regulations.

I will say, with furnished rentals, it takes time and money to fully furnish them with all the bells and whistles but it did allow me to get higher rents... only downside is, if you are out of state, it is not easy to manage remote unless you have a good property manager/company.I have personally started to transition out of STRs due to zoning/town regulations and have already unfurnished one of the apartments to turn it into a long rental for more stable residual income.

You can be assured we know how to underwrite the loans appropriately without headache.

Reciprocity is key to building lasting relationships.As you look to expand into short-term rentals (STRs), research the market thoroughly, understand local regulations, and consider whether you want to handle property management yourself or hire a professional.Remember, growing a real estate portfolio takes time and persistence.