In which case you are likely better off going to forced air.

We have good success with STR and MTR, lots of Universities here, 2 Air Force Bases, Air War College, Space Force, 3 hospitals, Amazon distribution center, Meta data facility, Hyundai manufacturing, 2nd lowest taxes in the nation.

When other ones would come up (STR/Multi) it forced me to say no and focus. 

There are many factors beyond what AirDNA tracks that can significantly impact profitability, and that's what I’ve tried to account for in my own decisions.From my experience, Cancun is indeed more expensive in terms of operational costs.

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

That said, it's certainly impacting my project in numerous ways and I will have legal expenses. 

@Nick Burrell recommend you start looking for "deals" that you can sell to other investors.This will force you to learn how to find them AND evaluate them.You'll generate commissions you can accumulate to start flipping.

Yes, rents have been decreasing in certain areas, and it’s definitely having an impact on how landlords are handling tenant approvals.

@Brett Deas  They are not forced to fill in facility and sometimes location is where they are not where they are going.

The impact on real estate is twofold: increased demand for housing in both the rental and purchase markets, and a shift in housing preferences towards urban, tech-friendly developments with smart home features and high-speed internet connectivity.Relative AffordabilityWhile many markets are pricing out investors, San Antonio is maintaining its reputation for affordability.