I’ve personally been keeping track of all data we receive to understand trends in the markets I operate in.

Key tips for finding the right property include focusing on cash flow, researching local market trends, and networking with investors.Good luck!

Consider Fort Worth market trends and target areas with strong rental demand and appreciation potential.

I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!

Complicated rooflines, modern details that require a bunch of steel framing, excessively large great rooms, spa-like bathrooms, etc would push you into the $1,000-2,000 range.  

Market Research: Study the local market trends, job growth, and property appreciation to ensure long-term profitability.

This will help you spot good deals as you become more familiar with pricing trends and opportunities.

I looked up the engineer's resume and their "experience" was less than five years of designing new commercial steel office buildings for the suburbs.

(ICF Global Coaching Study (2019): Rates and trends for coaching in high-net-worth areas.)

I regularly attend workshops and seminars to stay updated on industry trends and best practices.