I would be wary of buying a home in a residential neighborhood in ABQ with the goal of having a STR: Only CA rivals NM in terms of economic governmental tampering.

Triggered the following thinking whether Syndications, LTR, STR on how the owners can be lazy using AI applications.Example:  My banker just installed AI software.  

I work for an STR-only real estate agency, and we have agents in 20 STR-friendly markets who know this field inside-out. 

Looking at a property for a primary residence that has an income generating cottage (STR) on it.

I used to manage my own STR on Airbnb hence, I kept a majority of the payout.

Hey All-Been lurking and reading for a while.  Wife and I are about 7-8 years away from retirement (from Atlanta).  Over the years we've really enjoyed spending time on Perdido Key and are considering an investment in...

Does anyone have recommendations for an STR on-call service (not full property management), which will handle basic guest communication during their stay and handle organizing repairs (i.e. calling a plumber, HVAC, etc. ... not actually doing repairs themselves)?

.#2 could go with Central Valley (my local agent suggested Turlock), Sacramento area (was considering this area and maybe doing a LTR and MTR/STR on a duplex).

If you can use OPM on the renovation at say 7% with plan to pay the principal down in less than a year, then I would invest your personal funds elsewhere into another deal or do something with your current STR to help it stand out.From my experience, HELOCs scare me but I do know if done the right way they can be very effective.I'd be happy to chat more on your Smokies STR on how to help make it stand out.

It's anecdotal cause I don't care enough, but we have one STR on our property and are surrounded by STRs on all sides and there are folks in all every week including the heat of the summer.