Worst case, it gets outlawed in a town AFTER you’ve bought a place there & now you have to sell at a HUGE loss bc there’s no buyer demand once STR use is banned!

Many lenders, including Wells Fargo, may consider it a due-on-sale clause, which could lead to them demanding full repayment of the loan.

It’s particularly helpful in markets with high rental demand, like Memphis, where you can find vetted properties with tenants already in place.4.

Supply-Chain Strategy: Shifting from demand-side solutions to active development of new housing units3.

I also give them my recommendations on where the rental demand / rent rates are higher as well as where they can get the best bang for their buck. 

Also, the areas that have raw land for that kind of project, are not close enough to the metro city center, hence I am afraid of the demand to buy.

.- They must be pretty desperate for participating landlords in your area!

Its favorable location in Detroit and demand for local housing presented a straightforward profit path, allowing us to quickly flip and earn, making it a strong choice for Partner Driven and Rod King.

Thanks for the reply, job and employment data is should help me determine upcoming demand.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.