Reston is a truly masterfully planned community, with 55 miles of paved pathways, tennis courts and pools in every neighborhood, and several beautiful lakes that make the area very attractive to live in for residents.

I even was able to attract better contractors once the projects were in nicer neighborhoods - all thanks to other people's money.I guess I never looked at the cost of the money (fees/interest) as a negative, since I realized that in order to experience growth, capital would be necessary.

.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

These enhancements not only improved its market appeal but also raised its value, transforming it into a desirable home that attracted buyers quickly.

Here’s a quick look at the key market trends and data for 2024.Population Growth:Huntsville’s population is on the rise, attracting both young professionals and retirees.

However, be mindful of HOA rules regarding rentals.Proximity to Campus: Properties closer to the university typically attract more interest from students and can command higher rents.

The city has a growing population, reasonable property taxes, and offers solid cash flow opportunities—especially with new construction duplexes.These are off-market deals that are designed to attract long-term tenants, and they offer a balance of immediate cash flow and long-term appreciation potential.

Offering this as a future upgrade could help you attract more tenants, especially if you plan to hold the property long-term.

There is something to be said about the quality of tenant you attract.