Purchase price: $Cash invested: $Completely renovated SFH, 3/2, built in 1999, 1214 sq ft with a new roof installed in April 2024, state-of-the-art smart LG appliances, and luxury vinyl plank flooring throughout.

For example, https://normanlykes.com/ Is yours a potential luxury home on a multi acre estate or on an island?

I am providing SEO and digital marketing consulting for a design-build firm operating in established and up-and-coming luxury mountain communities in the Colorado Rockies.

Particularly the Oregon Coast is still a healthy luxury STR market.

Or expand the search north to Coos Bay/Florence.Several 2023 luxury coastal sales from $575k -$1.5M from Florence to Lincoln City for anyone seeking references. 

If Oregon is of interest there is a significantly lower entry price per door with somewhat comparable CA returns, certainly a luxury STR would perform and be manageable with a local team. 

My name is Katelyn and I'm a real estate agent working in Knoxville, Tennessee.While I focus on residential sales and luxury properties, I'm also passionate about the investor side of real estate.

We've sold over two dozen coastal and luxury Oregon Coast STR's the past three years and our entire day is invested in keeping up with the rules and regulations regarding short term vacation rental usages.

It is much more of a working-class market than Santa Fe, where historically the market has offered a wide range of housing, from entry level to luxury homes, most being in suburban style neighborhoods and large developments.

You don't want one in a luxury home but a multifamily unit should be no problem.