While this trend is already common in downtown areas, will it start reshaping more traditional suburban neighborhoods as well?

If you find something that works well as a short-term rental, but doesn't work well for you as a home, you'll have money but be dissatisfied when you live there.You don't even need it to produce a profit.

Thank you Jay 👋 Do you invest in real estate as well as act as an agent?

Additionally, I'm working with the RE Ally Property management team, who was able to find a tenant to rent at slightly above market rates without any vacancy.

Anything related to that can be helpful.Sales also is great for some as well, but most sales people are not problem solvers.

Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.

You'll get to write off any home expenses against your rental income as well. 

How well will it cashflow?

@Tobias JonesesI don't know the Long Beach market, but here in Colorado, another high-priced area, you can still do well with short-term rentals, but ... it's harder than it used to be.My STR investor clients that succeed are doing a few things.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.