How quick do you think you can be financially free if you don't have a job for $250,000 a year in today's economy? 

Both situations could mean the borrower is over levered and in this economy being over levered is not a wise move.

As mentioned above "up and coming" scares me especially in today's world with a somewhat unstable economy. 

From what I see and hear the less qualified tenants are being affected the most by the economy because they were in a weaker position to begin with.

Greater amounts of leverage may put your equity more at risk if there is a downturn in the economy.

The Alamo City is undergoing a transformation that's set to redefine its landscape and economy.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

I've been listening to many BP real estate podcasts over the last few months and did some research on this area and it doesn't seem like the economy in the area is growing.

There has been downwards pressure on rates this year due to the economy. 

With over 20 years in the business and managing 30 properties, here’s my take: I wouldn’t go for multifamily units unless you're looking at 50+ to get the economies of scale.