Let's connect if you want guidance on how to setup your STR versus these competitors in this market.

As I am re-reading this post from yesterday, I think I need to focus on being ready for when the good deal arises, versus trying to make something a good deal. 

Watch how these indexes move and you will get a much better sense of how the markets are actually reacting.STRs usually have a pricing hit to them versus a LTR with most lenders as well.  

As you may know being local, SB249 is the bill that came up as a defense against towns like North Conway trying to shut down STRs, but it ended up in zombie state due to the sheer nature of diametrically opposed views on the matter and Governor Sununu’s push to do better than what the bill ended up proposing.Some details here: https://legiscan.com/NH/bill/SB249/2022As with all areas in New England I encourage investors to start thinking of oversaturated STRs markets as expense offset versus cash flow properties.

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.

The bottom-line requirements for wholesalers are:A buyer must disclose to a seller of their intention to wholesale the property;A buyer must disclose they are selling their equitable interest/contract rights (versus selling the property) in all marketing, advertisements and communications with other parties;"

What is the reason behind wanting to build new versus purchase existing?

If all you're thinking about is saving money versus making money then be careful not to get completely wholesaled by an "investor".

A Heloc is a open end mortgage like a credit card so its an additional trade line on credit, cannto never be used as an Asset, PITI reserve, and its a DTI killer in most cases.A heloc is also usually set up on a shorter term versus a mortgage, carries a Higher interest rate, and most carry a interest only with a prepayment penalty.

the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.