If your unlucky enough to invest in these areas your “wait” for a rebound might be quite a long time - or forever.  2 - Governmental Regulation  - Rent control, rental use regulations, property taxes, zoning, etc.

Regulation and guest avatar varies in each but could be a good place to start searching.1) Waco, Texas2) Columbia, SC3) Columbus, Georgia4) Alabama markets5) Branson, Missouri6) Fort Smith, Arkansas (several in Arkansas, actually)7) Temple, Bastrop, or Brenham, Texas8) Shreveport, Louisiana9) Harrisburg, Virginia

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

I live in Tahoe and there are multiple restrictions on STRs so if that is in the plan check the local regulations. 

I’ve done some research on the local regulations and the market, but would appreciate more insights before moving forward. - Is Big Bear Lake still a profitable Airbnb market in 2024?

The platform aims to streamline day-to-day operations, ensure compliance with local laws and regulations, and provide real-time reporting and analytics.

I’m not sure what the rules,regulations, restrictions are for renting out basements, so I’d appreciate some input from people who have done this before

Happy tenants are more likely to renew leases, reducing turnover costs and vacancies.Legal Compliance: Property managers ensure compliance with local, state, and federal laws, including regulations on rent control, fair housing, tenant rights, and eviction procedures.

I would also go to a local group if possible, BRRRR is tough in this... interesting rate environment. 

Join us for the NWA BP meet up 6pm Nov 13 at the courtyard Marriot in Fayetteville off Van Ashe.Relaxed mixer style environment where you can meet investors, agents, and contractors.A lot deals come out of building relationships here.Hope to see you there.