With STR In the winter months I about break even or lose a little, June-August I should net between $4,000-$6,000 depending on occupancy 2) Immediate payment by VRBO or Airbnb, no more waiting for the tenants to pay or if they will pay, 3) The revenue stream makes it easier to justify a property manager (or Co-host in Airbnb terms).

So that might be driving some of the rent up.I was speaking with an agent who said they were still getting a steady stream of buyers who just couldn’t qualify over $300k.

I am a financial independence "enthusiast" if you will and always interested in adding more semi-"passive" incomes streams to supplement my current investment portfolio (mainly index funds at the moment).

I really need to get with people of like mind, also I believe in Multiple Streams of Income.  

Always try to create additional income streams on the property without spending a fortune.

I live in Nashville (originally from Memphis) and it's a millennial hub as seen by the insane prices around here. 

Apparently this must be a bigger thing than what happens here in Vancouver given that there is a whole stream on what to tell your commercial broker so they take you seriously.

If big business hubs are going up most likely the economy will be too.  

Also, OPM is the key to building an income stream, so either have the cash or line it up prior to making an offer. 

You'll need a steady stream of sellers with problems calling you.