Quote from @Reeti Peshawaria: Hi, I'm in the process of learning about short-term rental investments and analyzing potential markets, but I’ve hit a major roadblock: understanding local regulations.

. - Renters are majority uninsured. - In September 2024 the FAIR Plan had $6B in exposure to the Palisades alone.

The last time I represented a mobile home park purchaser, county health department allowed four MHs per septic tank. 

Buyers are willing to pay top dollar for stylish, updated properties.Boomer homeowners downsizing, meaning many outdated homes are hitting the market.Desert Hot Springs, Cathedral City, and Indio still offer affordable fixer-uppers, where investors can add value through renovations and resell for strong profits.I personally love flipping in Palm Springs proper and Rancho Mirage, where high-end buyers are looking for luxury, but I also see major opportunity in emerging areas like Desert Hot Springs and Thousand Palms.5.

There are many STRs that do quite well in the suburbs of major cityies Off the top of my head, I can think of one of the STRs we manage that is 40 mins outside of Dallas and it has a great occupancy rate.

If you haven’t already, start saving for major capital expenditures.

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

The majority have evictions on their record, don't make enough income or have a lot of debt under their name.Comparing other rentals on Zillow, my asking rent is $1100 while other properties are trying to rent at $1200.

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

The major pieces of information you are missing include NOI which includes deducting all of your operating expenses from your gross rents sans debt service, market dynamics (what are vacancy rates and asking rents like in the market the building is located in?)