Ask the city/county for their STR rules.

I have experience with this strategy in Arlington and Alexandria city.

Hey Jason and Rene, I have rezoned multiple properties in Denver and the surrounding cities.

Many cities & counties ban them outright.

The city’s diverse economy, which spans transportation, healthcare, and education, provides a solid foundation for long-term growth.

Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.

As I'm looking for a house hack, I'd really love to live in a decent area (some in Jersey City can be iffy).

We watched City of Detroit properties crash to $500 or less in Class D Neighborhoods.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

You may have some extra costs, like dumpster versus city trash collection or parking lot sealing and striping from time to time, and possibly different building standards if you are doing major renovations, but day in and day out they are very similar.