Close to a cool little town, close to an area attraction, etc....Also do a search here and see how to screen guests, in addition to what the hosting sites do.... like no last minute bookings, no short stays....

Quote from @Joe Paasch: I have joined this site to gain important incites, discussions and plans to build a successful portfolio.  

Downsizing a one factory town.I would expect if FedGov downsizes, a lot of the corresponding periphery businesses/consulting firms, etc shut down.There has also been talk of such things like FBI moving out of Washington, I think some of that has already been the trend, but may accelerate. 

I think $1,700 might be excessive but I've rented out a room for $800 beside, so that x2 should've been my starting point at least I think. 

@Shaun Ortiz I think, like most things, an investor needs to realize three things:1.

There’s a lot to go through on this site if you have any tips or forums that you find to be really helpful let me know. 

With closing costs, housing costs, agent commissions, my HELOC costs, I estimated about $20-$30k profit, depending on sale price.But, now I am thinking this would be a great BRRRR to learn those ropes as well!

I started to listen the the podcast and I always been interested in real state but now I am thinking about getting my real state license and start learning more.

I think we will ride this one out and see what happens.

I think you hit the nail on the head, Joe.