Still under injunctions, but it is likely to be overturned, and you will have a short window to file.

Short-term stays tend to bring higher revenue, but long-term rentals can provide stability.If the area gets strong tourist traffic, STRs could be a great fit.

Quote from @Jimmy Sont: I'm looking to build around 700 sq ft 2 bed / 2 bath guest house primarily used for short to mid term rentals.

•Turnkey is viable but expect to pay a premium.

Specifically, under a properly structured Trust the following limitations will apply during the period that the property is held by the Trust: (i) the Trust cannot raise new capital; (ii) other than in the case of a tenant bankruptcy or insolvency, the Trust cannot renegotiate or modify an existing loan nor can the Trust refinance or enter into a new loan during the period that the property is held by the Trust; (iii) the Trust cannot renegotiate or modify its existing leases or enter into new leases other than in the case of a tenant bankruptcy or insolvency (in the case of a Trust that adopted a master lease structure, this limitation applies to the master lease and not the underlying third-party leases); (iv) the Trust cannot reinvest the proceeds from the sale of the property; (v) the Trust cannot modify or improve the property other than undertaking normal maintenance or minor non-structural repairs; (vi) the Trust cannot hold its reserves other than in cash or short-term obligations; and (viii) the Trust must distribute all of its cash, other than cash held for normal reserves, on a current basis.

Perhaps rather calling it a multi-short/mid-term deal.

I have always loved athletics because of competition and teamwork, but would like to enter the world of Real Estate.My short-term goals in Real Estate include starting a career in an aspect of Real Estate investment.

Generally when sellers say "cash" it really means they do not want to deal with contingencies,  short closing period and/or do not want to deal with needed repairs. 

My short term goal(s) in the next few years are to have 4-5 properties (long term), as well as a multi family home.

Short version...