Next thing you know it's time for a short break and your free to go..lolThe bottom line is know what you are buying and look deep inside yourself to ask the hard questions: Will I not be able to eat or live if I buy this, will i do the hard work to make it work for me.

I have actually been considering Grenada's and Barbados' viability for potential short-term rentals.

Just last month, from what I read in the Wall Street Journal, there’s been a growing interest in these more under-the-radar markets.. places like Casper that might not scream top-of-the-charts popularity, but quietly attract buyers who appreciate untapped potential.

I will try to make a long story short.  

Watch this short video for a quick walkthrough.

The short answer: Absolutely, yes, but with a few nuances to consider.

For the short-term rental self-managers, how much time do you spend managing your STR every week?

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

STRs in Massanutten - looking to connect w/someone on discussing what a reasonable offer on a STR out here would look like. Also, if you're a serious end buyer and can cover the first part, that would save a step. Not...

If you’re really set on building a portfolio, this might be a good way to go since it’ll give you the liquidity to take on more properties.BRRRR: If you’re leaning towards long-term rental income and portfolio growth, the BRRRR method could be an attractive option, but you’re right to consider the numbers carefully.