We also have a decent amount of breweries, UNC Charlotte, two lakes and the Catawba river, the White Water Center, major league football, soccer and basketball teams and minor league hockey, baseball and women's soccer league so there's always something to do. 3.

Even in high-cost markets, creative financing or partnering with experienced investors could help you get in the game.

Great bunch of experienced and helpful people. 

Some design and amenity ideas:+ Welcoming living space with plush seating for family hangouts+ Coffee bar or stocked tea station for early mornings before campus events+ Dining table or breakfast nook perfect for family meals+ Dedicated workspace for parents who need to check in on workFor sports fans, tap into their game-day energy and make your STR the go-to spot for a fun, convenient stay:+ Big, comfortable seating & a great TV setup (think oversized couch, streaming sports channels)+ Game-day essentials like a mini fridge stocked with game-day snacks/drinks+ Outdoor space with a grill & seating for pre- or post-game gatherings+ Good parking (sports fans hate scrambling)+ Team spirit decor touches (subtle, not tacky—think framed sports prints, not full-on mascot murals)Your design & reviews will do most of the marketing but to market directly to these guests:🎯 List your STR on sites where parents and alumni book (if allowed)🎯 Partner with local businesses—coffee shops, sports bars, or tailgate services—where your ideal guests hang out🎯 Optimize your listing title and description with phrases like “Perfect for Visiting Parents & College Game Days”🎯 Time any discounts/promotions around major campus events—homecoming, graduation, big rivalry gamesThink of it this way, you’re not just offering a place to stay—you’re creating an experience they’ll want to book again and again.

Building your team is by far the most important thing you can do as you get going.  

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

My goal is to start with rental arbitrage, build a solid property management team in the area, and then transition into acquiring properties for STR.Would love to hear from anyone who has experience in this market:- Is rental arbitrage feasible here?

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!

A note failing after two months is a pretty rare event Aloha is a very experienced lender. 

This would be partnering up with another experienced wholesaler in the area you are wholesaling, or finding an agent who has a good cash buyer’s list of investors they’ve built up.