Purchase price: $300,000 Cash invested: $45,000 Sale price: $411,000 3 Bed 1.5 Bath Ranch Style house.

You'll find many here are willing to talk about their experiences in those different styles of investing. 

Do you guys think the market for short term vacation properties will ever go out of style in the sense of laws being created against them (being phased out sorta)?

I would start by talking to the renters to gauge interest before crunching the numbers and moving forward.You could also convert the space into indoor storage.

The second story features seven dormitory-style rooms.

Am I thinking about this wrong or does it make sense to take this area and turn it into another 300-400 sqft of indoor livable space?

What drew you to this area and this style of investment?

@Lou Vince the type of traveler that's looking for an air bnb style STR is not usually the same type of traveler that wants a hotel room.

You can also be very direct and upfront, depends on your style and how you prefer. 

For these reasons, I'm thinking it may hinder my overall goals, but don't want to completely rule out the possibility if folks out there have found success.As far as why I'm drawn to the career: flexible schedule, weird love for numbers, driving for dollars between jobs, general REI adjacency, daily variety of location, outdoor/indoor, relatively active (on my feet), potential for solid income after certification (especially on the commercial side).