Mileage, rental cars, airfare, lodging, food while in stl, could be considered as well .

The STR investment and industry was looking like it was going to take over the vacation lodging market- but now that’s coming to an end.

I specialize in short term rentals, lodging, and tourism based commercial property.

It was almost as though it was harder to sell since I owned it free and clear because at that point it didn’t really feel like it was a burden any more since I didn’t owe the bank anything, yet it really still was because it was hindering my success at real estate.I mean, I personally know people who spend $10,000 every year for flights, lodging, car rentals, and entertainment on a wild, extravagant vacation with their kids.

If you're going to pay for lodging anyway, why not try a tiny home?

@Hannah Hammond  NOn leinable in that context I believe means no security instrument lodged against or recorded against the asset you purchase..IE No debt .. the money you borrow is capital in say an LLC that you both own.

The institutional space is dominated by the "big three" REITs (VTR, HCP, HCN).The product type is very similar to multi family and lodging with a healthcare component.

REIT wants to buy them but they were getting 2.5 times regular REVPAR because people waiting for homes to be rebuilt had to have a place to stay so they want to extract extra NOI and then sell off to REIT once things calm down.Developers if local contractors are all backed up months sometimes they will bring in crews from other states that are not busy at all and put them up for lodging and food to work on their projects.If the city or county can't get behind a developer project that pencils along with the public then the site will sit there and do nothing.

Additionally, there is not enough lodging in our tourist town for all the tourists who come and spend a LOT of money, which feeds the economy.

@frank lodge Shoot me a message I might be able to work out some options for you to be able to still do Airbnb.