@Chelsea PriceIf your goal is to find enjoyment in this venture and meet people then your own backyard would be probably ideal.Attractive areas in DC that are popular for tourists and business travelers would be have good for demand year round.And then hopefully, if it makes money, you can reinvest that cashflow into traveling to your beach town and pay for your travel there.The biggest mistake I see most STR operators do is they buy in far away places that they like to travel to with the idea that they will use it for themselves and then rent it out.I think the better option is buying an investment that pays for your travel to whether you want to go that you can have the optionality of going wherever you want when you get the travel itch.

A good option for you could be having someone cosign on the loan (like a parent) to help you qualify.

You can also tell him that you can get another person in to deal with those as you need him to finish the original job.And no your friend should not be having panic attacks.

Renting the property will make it easier to get the loan approved because the lender won't need to rely on an estimate of how much the rent would be. Having

There is nothing unethical about wholesaling as a real estate strategy, it's when uneducated, misinformed or maliciously intentioned folks start behaving unethically that things go south.

If I found a way to get 3X the return on an investment, wouldn't I be having meetings with giant hedge funds looking for billions in capital to make my fortune?

I want to share this article with everyone so you know why some of us behave the way we are. 

Proprietors will have to have a business license and a short term rental license that lasts 12 months.As more people behave badly, government will start to crack down.

My biggest concern would be having the tenants not pay , and having to evict .

I will be having a property inspector on: June 1, 2023 at x time.