It’s the inexperienced investors who are most prone to hold on too long.One of the biggest changes I’ve observed since I first began investing is the rise in popularity of alternative investment strategies….STR, MTR, leasing to a STR Arbitrage operator, entering into a Sub To arrangement, pivoting to a Section 8 Voucher recipient to name a few.

@Chris Seveney  I live in Abilene and operate a short term rental here.

If you're in the FM area and you own/operate STRs I'd love to connect.   

To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.

I’ve been able to calculate all my monthly operating expenses, lowest possible rent, and upgrades.

I would first look at a place where you can transfer job wise that makes the most sense.

Verify with the city.Personally it makes no sense that an LLC would be able to operate without being onsite when it is required.The only thing that sticks out is the grandfathered in statement.

Only the above average STR operators are doing well.

This approach has not only improved our operational efficiency but also helped us stay on top of opportunities without getting bogged down by the details.Have any of you tried alternative strategies or found other methods that work even better?

I heard Delaware is the best place for LLC, but that you need your LLC in the state you are operating?