In the greater Phoenix area, Scottsdale has led the way with limiting STRs.

After some initial research this has led me to being attracted to STRs.I've read "Rental Property Investing" and "Short Term Rental, Long Term Wealth" so far this year already.

Being a Military member and having some familiarity with Wright Patterson AFB, it led me looking at the Dayton market and realizing that homes are much more affordable there than in my home state.

My quest for the perfect home led me to dive deep into the realm of public records, and voilà, your name shone brightly as the guardian of this enchanting abode.

With modern LED lights and no issue with load or heat this does not seem a high priority to me.

My journey into real estate investing started in August 2023 when I joined the "Homeschooled by Tarek" program, led by Tarek El Moussa himself and his amazing panel of coaches! 

The pull back in these markets is due to a confluence of many factors, but it started with these environmental factors:Low interest rates and easy financing for new projects.Structurally high rent growth on existing inventory.High wage growth and high job growth.Very low vacancy.These factors led to floods of institutional capital coming to these markets to snap up existing multifamily inventory and build new supply to meet demand.For these markets, the last 5 years have been a seemingly never ending party!

The outcry from that led to many of the changes we are enjoying today.TALK TO YOUR CPA. 

I certainly led me to thinking that residential assisted living homes (RALs) may be a valid investment venture to dive into over the next few years.That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey.

Several years later, our incorporation and utilization of a new SFR software, Appfolio, would prove to be a game changer for us, assuming positive control of residency from inception.Every resident came with a story, and our bleeding hearts consistently led us astray, so we formed leasing guidelines.