I would also consider MTR in these markets as it is highly profitable with less turnover and more options for guests.

Alaska and Hawaii are my two markets.

And for those thinking about jumping into hosting in 2025, with Airbnb's stock jumping 14% pre-market, is this the signal you've been waiting for, or does all this platform tinkering make you nervous?

Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.

If you find good potential deals, you can aim to buy them yourself and/or with partners.The deals that aren't a good fit, you can list them on the market for other investors/end buyers and earn a commission.

Quote from @Chantel Holsather: I am always an advocate if you can fix up a property to make it more marketable, that is really the way to go.

My two cents but the ship has sailed for short term rentals in this market.

.✅ Stock Market Volatility = Private Market OpportunityThe stock market will be a rollercoaster.

Use a buyer's agent that knows the market, contracts, negotiations, etc.If you really want to learn about investing, get a job in property management. 

Focus on market research by exploring neighborhood rent trends and property values while considering your financing strategy (house hacking, BRRRR, or buy and hold).