I’m guessing the ski community is highly seasonal and has deep-rooted family traditions of return vacationers.

While your coworkers are at Happy Hour or football games, the REI may be knee deep in it.

I've seen some with 475k pricing that Gross 90-100K which is a very solid return without diving deep into numbers.Thanks in advance. 

It is really a good thing for those of us who chose to take the journey together.But not everyone is cut out for the note business or is really ready to be that deep in it, for those that do, it is really worth the look....M

I moved in about the first of the year, but already the showerhead is showing signs of being plugged up on many of the ports and the shower/tub already needs a deep clean because of rust and hardwater buildup.

Your point about Phoenix is also spot-on; it’s amazing how adjusting zoning laws can breathe new life into neighborhoods and support both housing and local business growth.I'd be interested in hearing more about your experience with multifamily projects and any insights you might have on Austin's market compared to Phoenix.

Personally, I wouldn't spend money on an attorney because 1) I think the covenants/restrictions can sensibly be used against STRs and 2) because the HOA potentially has deep pockets if the officers decide to fight because they can pass the cost of the fight to the home owners.I would reach out to the officers to get their sentiments and to plead my case, and I would start building my case with the other homeowners. 

Ill take that I am thinking too deep about this.

Africa is a GREAT example, BRICS is "on it", they are securing there future, Africa is "the" resource jewel in the world and US is just doing nothing as BRICS secures it all and runs there tentacles deep. 

Keep your costs small right now and after some time you can cash out refi and get your margins up a little monthly to give you some breathing room or put more money into it later down the road to make it "higher end" and stand out to flip for a profit. :) I'd have your pm company go out and tell you what's NEEDED for them to make it rent ready.