It could, but you could screen this location with PriceLabs.co as they use both airbnb and hotel rates to create revenue forecasts.

Zero in 2024 in Huntsville - which is precisely why we bought zero LTRs in 2024 locally (bought one out of state, and bought a local flip property and one small local commercial property - slowest year since I started REI in 2017). 

To any experienced investors willing to show me the ropes a little more in detail be more then happy to message me, I live in the Southern California area to be a little more precise.

They could give you a more precise estimate and help navigate zoning regulations and permitting.Let me know if I can help or if you want to discuss your plans further.Best of luck with the project!

I leave in the Greater New York Metropolitan area, precisely in Jersey City.

I currently own a 1 bed 1 bath single-family house as my primary residence. Purchased in 2015 for $57k seller financed. I renovated it down to the studs. New kitchen and bathroom. I refinanced it into a  5% 30-year mo...

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@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.

This property had significant potential for value enhancement due to its location and condition.

How do you go about finding areas to invest in with limited capital?