But to your point, there is a pressure within society, as a whole, the be positive.  

While it's a great spot with a ton of tourism unfortunately, it seems the hotels view STR's as competition and have helped to encourage the strict regulations.

Thank you for sharing your encouraging sentiment on your first "down to the studs" rehab.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Thanks for your encouragement and tips, Wale!

I'm particularly interested in learning about buying multifamily properties or apartments.I'd love to hear any advice or encouragement you might have.

As you may know being local, SB249 is the bill that came up as a defense against towns like North Conway trying to shut down STRs, but it ended up in zombie state due to the sheer nature of diametrically opposed views on the matter and Governor Sununu’s push to do better than what the bill ended up proposing.Some details here: https://legiscan.com/NH/bill/SB249/2022As with all areas in New England I encourage investors to start thinking of oversaturated STRs markets as expense offset versus cash flow properties.

Our perspective is, hey let's at least give it a shot--we're lucky to have some backers who believe in the vision and our advisors, including some BP members, have been encouraging and helpful in their feedback.

I took apart my TV (a few times, and the toaster) when I was 11 and after a little parental lecture, they encouraged it (this time with Goodwill appliances).

Any other international real estate discussion is encouraged here.