What most fail to realize is the STR model is more of a business operation whereas a lender cares about the fundamentals of the real estate.

Yes, HELOC financing isn't as cheap as owner-occupant or even investor financing, but the leverage can still be worthwhile......because the fundamental cap rate of an ADU is SO FREAKIN' HIGH.

https://www.zillow.com/research/2024-hottest-market-33566/Cincinnati is seeing a lot of growth, but the population fundamentals are still around stagnant which I think is really hurting it from exploding.

Fundamentally, the economy is healthcare(incl epic in that), university & retail.

Here are some big picture things to look for in a market..it's focused toward wholesalers but the fundamentals still apply.

If the fundamental basis of investing is strictly cash flow, you'll want to make sure your net income per month is actually double your mortgage.

It's hard to compare to 6+ months ago to now where interest rates are at, but it doesn't mean that RE investing doesn't offer the same fundamental benefits it did in the past. 

Now that I am getting more comfortable with the basics of this, I may park my money in a fund, but rest assured that I will give up the return profile and liquidity rights before I give up on the fundamentals of being first position in all notes, my preference for an unlevered, or lightly levered, fund, and requirement for conservative underwriting in concentrated Geographies. 

I have always appreciated meetups that have not only the fundamentals but keep investors in the loop on what is going on and how investments might be affected.Maybe have a special guest or other investors to speak or share experiences, ideas et. 

However, I can teach you the business fundamentals, and you could potentially help me with lead generation.