If you buy a property based on someone's opinion and you do not have a deep understanding of the tenant segment the property attracts, you will likely lose a lot of money.Family and friends - Real estate investing is a business, not a hobby.

The reliability of income is determined by the availability of jobs and the tenant segment that your property attracts.Inflation CompensationIn order to have the additional dollars you will need to pay inflated prices, rents must keep pace with inflation.

In Las Vegas, the supply and demand situation depends on the property segment.The housing market is not homogeneous; it is comprised of multiple segments.

Small towns may rely too much on a single business or market segment.

I would love to learn more about this segment

Small towns may rely too heavily on a single business or market segment.

.** Small towns may rely too much on a single business or market segment.

For example, due to price, physical characteristics, and location, each property only attracts a narrow tenant pool segment.

And yes, that means the new owner could get caught up in some uncomfortable stuff for a bit until help arrives.It's an interesting segment of the insurance industry in that it does not insure against a future accident or occurrence like most insurance.

Aloha @Sarah Parker,The good news is that were starting to see more inventory coming to the market in the STR segment here in Maui.