I know many large tourist towns and cities have/are enacting regulations that may make STRs out of reach for a single investor or company.Still, I can't help but to think that properly placed and finished STRs aimed and marketed to select guests could make for nice long term holds.I.E...Homes near schools for families during visits for athletic, arts or cultural event or graduation.

I want to ask, should I try to stay away from areas that are culturally and racially different than mines.

Like Austin's culture has imfluenced the Gentrification movement from N.

One of the things our culture lacks today is a long term perspective.

I've actually started looking into some of the rougher neighborhoods like Kensington (I know that seems radical) as I have been following Philadelphia's City Legislature and how it will affect the culture of that area (check this article published last month- https://billypenn.com/2018/10/18/kensington-homele...) 

Both areas boast a very broad based economy, perfect weather, a variety of things to do from sports, recreation, amusements, theater, cultural events, etc.

Hi local Rochesterians-Just a reminder that the Rochester NY Meetup doesn't meet in December and January (it's usually the first Wednesday of the month, but we take off around the holidays).See you all in 2019, still at Johnny's Irish Pub, starting at 7pm.

It gets frustrating when you ask an agent about known issues with a building and they tell you everything is fine, but you can visually see issues at the viewing or find articles online about the issues.Perhaps this is a language barrier or a cultural barrier.

I've spent the last 7 years in my place, so I got a real rude culture shock when looking at apartments.  

Just like late night infomercials  of no money down investing have become American culture, I pledge to educate the entire world of the scam artists so they cease to exist.