Get out of your comfort zone.

That is comforting, if I'm an investor.I still feel good about investing in Colorado locations if the area has a law on the books actively allowing Airbnb.

Get out of your comfort zone.

As@Chris Seveney suggested, being a private money lender can be pretty passive once you find the operator and asset you feel comfortable with.

There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why? 

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

From what I’ve heard, properties that emphasize tranquility.. like offering outdoor seating areas, fire pits, or even something as simple as a hammock.. tend to perform exceptionally well in remote settings.You’re spot on about STR policies in Johnson City versus Knoxville.

It’s wise to start with breaking even and ensure you're comfortable with the costs involved.Happy to connect if you'd like to discuss more!

- This ties into the previous question a bit, but we have around $70k that we could be comfortable deploying into this if we find the right deal. 

Covering this with my salary is relatively comfortable.