Scaling quickly, cash flow, appreciation, location/staying local, self-management, etc.

Even though you’re paying a slight premium for the convenience, the ability to scale and the fact that the company vets the properties makes it a solid choice.

A private lender is optimal (so you don't have to use all of your cash and can scale easier if desired) because you may not have to jump through as many hoops.

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?

If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help.

It is a great business as long as you have some level as scale.

In terms of scaling to three to four multi-family properties, you could really start using the equity that you do have to your advantage. 

We're awaiting culvert inspection so they can finish the site grading, driveway, entrance way and landscaping. 

This paper constitutes 50% of your grade.

It's amazing how much you have scaled over the last five years.