When you can borrow 80% tax free and continue to collect the income?

They had caught some trespassers.We have continued to upgrade our security systems as capabilities have increased and costs have decreased.  

It's so bad that my last purchase was in Indiana, which was my first OOS investment, and likely will continue to look there if the market doesn't improve here.  

Because I have personally done both and continue to do it to add to my portfolio.

This is a great platform to network and to continue to learn.Best of luck on your real estate journey.

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

@Ryan Rubel There are certainly quite a few restrictions in those two areas, in Carlsbad you have to be within the coastal Zone...I have a multifamily in Carlsbad Village a block outside of the coastal zone so I'm unable to operate it as an STR unfortunately.

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.

Nothing wrong with LTR's - but what I like most about STR's is you are (usually) operating in better appreciating submarkets.