Unlike others, he charges a modest 10k and people stay forever rather than just one year for $25k.

I currently rent in Nevada and am looking to buy a house or condo where my wife will be staying 1 week per month for school.

Still stay active in BP though because there is a lot of wisdom in this group. 

However we are still on the fence.Just curious to hear how other STR owners are doing and what strategies they are using to stay afloat.

Equity/appreciation (and tax benefits) are important, but you need enough cash flow to be able to stay in the game.3.

Are you wanting to stay an active investor or get into some more passive investments?

I've had very few vacancies over the last few years since Covid, tenants have been staying put where they are located.

Quote from @Erika Williams: Please stay away from Builder Banc!

Starting out, staying in your own backyard has many advantages.

However, all the sold comps are crossed out after following a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.