For anyone considering this, it’s probably worth consulting with a local land-use attorney or planner to navigate the specifics and make sure you’re maximizing the opportunity without running into red tape.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

@Jefferey EutsayIs there a specific aspect of this deal that you are hoping to get advice on?

There is no specific promised ROI that defines an investment as being a “Ponzi Scheme”. 

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

anything more specific?

So I am not tied to a specific area.

Are there specific military programs or contacts I should look into for housing opportunities?

Stick with sponsors who specialize in a specific niche and have a proven history of success.

Are you having more success sourcing off-market properties, or do you focus on distressed opportunities through agents or wholesalers?