.- There are options for suites and adjoining rooms, which have been popular options for people bringing families because they love the idea of a tax write-off vacation!

. :-)I'm willing to bet that the real GCs in Texas are every bit as good as in Cali.

Since the population in these states is relatively small, many lenders avoid them.Face-to-face at local real estate clubs, found through Meetup, are your best bet.

Go to the source and I bet you get the answer quickly. 

As you can see, the numbers aren't great from a CoC return standpoint with current interest rates, but the location is strong - great schools, close to large hospitals, 10 mins from downtown, and popular suburban towns nearby.

I'm finding some listings on a popular realtor mls listing site (not sure if I'm allowed to say which one here)  that have a box on the listing which states "Assumable Mortgage" and has a "learn how" button, when I click on the button it says: "This home has an assumable mortgage"  and it lists the current average interest interest rate for April 2024 (7.00) for a new loan vs.  

It is definitely worth looking into investing down south in the popular or college towns.

.- Buying that first STR property in a “hot” vacation market that isn’t local therefore seems like one of the highest risk investments one can possibly make.I will not be surprised to see pain in several similar markets around the country, perhaps including certain desert locations that surged in popularity, certain lake areas, and the pain may extend to even areas like CO mountain towns, despite the fact that unlike the smokies, people do travel from all around the world and country to get there.

@Patrick Boutin -- Your best bet to find a title company that will do this for you is to get a recommendation from another investor nearby who is already doing it.

Im curious why this isn't a more popular method  (especially for people who live in a high LLC filing fee state like me).My attorney swears by them for their anonymity, asset protection (when each series/child trust is ran like an individual entity), and affordability.