Its a magnet for grifters and fools, and the "investing" equivilent of going to that crummy casino in National Lampoons Vegas Vacation (?)

However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

Through an established network, I hope to facilitate connections between buyers and key professionals such as lenders, tax advisors, attorneys, property managers, and contractors, ensuring a smooth and successful investment process to the best of my ability.If you're active in the Raleigh area or surrounding regions, I’d love to connect, learn from your experiences, and explore ways we might collaborate in the future.A bit about me if you're interested -Originally from Cleveland, OH with an established career in Casino Marketing.

Heard there may be a casino coming at some point.  

Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet). 

We have 45 RV slots on site.

A lot of the bare ground has been getting used for google, Amazon, weekend stay hotels, bass pro, casinos.  

Kinda like a slotting fee in a grocery store?

Casino boats..... just saying......

We had our escrow instructions to title telling them they can record when they can put us in second position.. so we were good there.. that was another title claim I made and got paid off.. turns out the bad guy new when our title company had their recording slot and recorded the deed of trust just ahead of us..