Exchange rate is favorable too and the place is also well connected to other European cities.

I appreciate any insights you can provide! 

Does anyone invest or have insight on Murphy, NC as a STR market?

I’d like to have someone review the property and help identify specific areas that may need to be brought up to standard before I proceed with landlord registration for the program.Additionally, I’d welcome any advice, suggestions, or insights from those with experience in this process.

There are many aspects of the properties and neighborhoods that those of us on the ground can explain but it does not compare to the insight from seeing them in person. 

Complete a cost seg study - combined with leverage it is feasible to deduct your entire equity contribution in year 1.Also follow me for more insights around cost segregation and real estate taxes!

Anyone here have any insight or think this is a good, bad, neutral idea.  

Connecting with local real estate agents, property managers, and contractors can provide insights into market trends and help streamline project management.

But the rules of the 1031 exchange will let you accomplish what you want without doing that too.

Hopefully some of you will find these insights useful in making determinations on where and how to invest after these devastating storms.Some background: I got my start in Real Estate in NY in the aftermath of Hurricane Sandy.