The challenge is I don't where you are but how is the soil?

If you are struggling to make the numbers work, then it is likely not a deal to pursue.Our biggest challenge in the New Orleans area is the cost of insurance.

And most times, if you have that grind mentality, they will feel somewhat threatened by you ultimately becoming their competition (unless of course they are retiring or getting out of the business).I hope this somewhat helps.Georges Franco

Challenges?

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

Our biggest challenge is that we are not over 55+ and we would prefer to invest our money in the villages itself.

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

In areas like South DFW, challenges like limited inventory and high prices require creative approaches such as off-market deals, foreclosures, or properties needing updates.

Congratulations on getting your foot in the STR door, starting out is always a challenge to new host but dont worry you will get there. 

Are there specific zoning or structural challenges in Florida I should be aware of?