Your success is much more influenced by how well you play in a market, how good your team is, than by picking a marginal better market.

Consider collaborating with local influencers or travel bloggers for exposure.Local partnerships: Connect with local businesses, wedding venues, or event planners for potential referrals.Targeted advertising: Use Facebook/Instagram ads to reach potential guests interested in Smoky Mountain getaways.Seasonality strategy: Adjust your pricing and minimum stay requirements based on local events and peak seasons.Long-term rental mix: Consider mixing in some medium-term rentals (1-3 months) during off-peak seasons for more stable income.Have you tried any of these strategies?

Get a good accounting software to track everything.

By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.

I don’t have any affiliation with them, just thought I’d share as I think it is pretty much as cheap as you can find for paid softwares with good functionality.Payments take several days to process, but tenants can automate them which is nice.

Curious to get some tips from folks that have a larger portfolio (say 50+ units or larger) across multiple MF buildings (so different acquisition dates, financing, etc.) and what software you use?

I will be happy to learn how paid ads is influencing your other business vs how strategic organic growth can help.

Does anyone know of straight software instead of a monthly/ annual service with a fee for a commercial real estate firm with less than 150 tenants?

If wholesaling is the exit strategy, this will show how much of a discount is needed to buy.Major market areaAll real estate is local, but major market areas influence the formula.

I think that line was a subtle shot against a lot of the competition who were founded by software folks or small scale real estate investors.