Insurance is something you don't need until you need it....In my market the city requires a certain kind of policy in order to have your permit issued. 

Any development work they've done on the property also becomes your property.If the property becomes yours, you could try to sell it back to them quickly and below market for a nice profit.

Your contractors, staff, and the financial markets will create challenges. 

I have been part of a regular meetup for a couple years now and it definitely helps ground you in your local market.

John and Andreas it would be great to connect with you all, as I am in the Nashville market as well. 

I am looking to do AirBNB Arbitrage in Lancaster area as it is the closeby market to me.

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

I'm excited to take some of those pictures and see how it improves.Something we have done that seems to gain attention is our first image is a collage of 4 of our top photos plus the property name and marketable info.

Start small, focus on building relationships, and take advantage of Conroe’s growing market to achieve your goals.Good luck!

Study the market.