It sounds like you may be a better fit for a smaller operation that still offers guided tours.

I currently operate a few STRs so have a good understanding of that aspect although they're all located in touristy locations.

It could be a game-changer for streamlining your operations.

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

@Jay Hinrichs exactly the risk is even more than traditional development and the profit is actually less with more operational headaches.

Hiring a property manager is highly recommended to handle day-to-day operations and leasing.

But the "art" really only comes with time in market and a deep understanding of both the market and the operations of assets.

So, WHY screw with a successful system that your able to operate without undue stress? 

If all prospects and leads come from yourself, then you are operating your own business.

To comply they’re using plastic utensils and paper dishes.