I was recently tasked with finding an unheard-of market that could potentially attract brand-new STR investors.

However, if your GC friend or their colleague was willing to be part of the loan that shouldn't be a problem.Here are some thoughts on your questions about building a new property versus buying existing ones:New construction: - Potential for Growth: Building a new property can be a great way to create exactly what you need for house hacking, especially in a market with low supply.

Now its 1-2 but there is population growth so that drives demand.

I basically group the business into 2 segments, administrative tasks (pricing, marketing, guest communications) and field tasks (cleaning/maintenance).Part of being a successful operator of anything, you have to know your strengths and weaknesses. 

Our city has changed a lot in that time, especially in terms of population growth.

That said, you can get a pickup/mover through Task Rabbit.  

You will likely need a new Certificate of Occupancy too, which is no small task. 

Hey Vamseedhar, I would do research on different growth trends, employment rates, avg. rent and price history, and ect. 

So many think renting to sec 8 is this very difficult task, its is not.

The macroeconomics is great - lots of population growth and job growth that's why the rental market is very strong.