Step 1: Use Airdna to research the market’s revenue potential.Step 2: Examine comparable Airbnb listings to understand current nightly rates and seasonal variations (summer, winter, etc.).

Your goal of acquiring your first single-family rental by early 2025 is both ambitious and exciting.A few thoughts as you navigate this market:• Local Insight: Since regional nuances can make a big difference, tapping into local brokers and contractors who understand the Hudson Valley and Catskills can provide a valuable edge when evaluating properties.• Creative Financing: Keep an open mind to creative financing strategies; sometimes thinking outside the traditional box can reveal opportunities others might overlook.On a related note, I help investors streamline their operations by generating quality leads and assisting with VA hiring, which might be useful as you build your team and network in the area.Looking forward to seeing your progress and sharing insights along the way.

And I understand that there is a person here on BP that started a meetup for St Joe, but I have not seen them posting it lately..

It's an interesting balance because you don't necessarily want to have to understand too many markets but you also don't want to suffer a big setback if any one market takes a hit.

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

You may want to consider really understanding construction on existing built homes and then pivot into using a trusted GC for those new builds.

I think you should start by understanding what it is your investors want out of the deal, analyze how the returns compare to traditional investments, and then see where you fit into this deal. 

It was one of the most oversaturated markets in the most recent years.Big bull on NC, but projections like this make me really wish analysis was done understanding historicals are just that-- historical.

This consideration may be worth it in terms of approaching local banks or credit unions with an understanding of real estate investment because they are generally flexible in offering loans compared to national lenders.

Be honest, be kind, and be understanding.