Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks. 

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

Can not go wrong with a rental in Ashburn since the rents have increased so much. 

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

How about the increased home insurance cost for a landlord policy?

They further out the ripples go from the stone, the less appreciation your receive while the cash flow increases.

With increased competition, renters are opting for homes that offer better value, updated features, and overall appeal.Final ThoughtsThis market shift is a wake-up call for investors and property owners in Charlotte.

You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

When you save up enough capital, slowly increase your portfolio.

With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.