If you need a referral to an excellent agent who works exclusively with STRs in that specific market, I can refer ours  I'm an agent, but yes I am in contact w/ one out there familiar w/ STRs. thanks for asking. 

I know the equity growth on it longterm will be excellent for what and where it is, but I can't buy just for equity right now, it needs to at least carry itself.

I have no debt, significant equity, good W-2, and excellent credit.

Excellent advice, Dmitriy.

I would definitely pull up Excel and do some of your own calculations to figure out how things will look.

This is an excellent question and one that often sparks lively debate in the real estate investing community.

Does anyone have any excel/spreadsheet templates they use for organization and having a place where you store that budgeting and timeline information?

@Rene HosmanIf it’s too much to do in excel I have a bookkeeper handle it - now there are overseas companies that can be very cost effective as well.

I expect there to be excellent deals to be had in our market for those with the ability to buy.

Companies like PolicyGenius do an excellent job selling personal lines coverage (property/casualty and life, mainly) more easily (and maybe more cheaply) than your local State Farm agent.