With our already low inventory of SFR being available at affordable prices ( since nashville wages have not kept up with the cost of living and most cities have that issue so nashville is nothing special) if every new construction was pre-sold as an STR you have a few things happen,1) You turn area's or subdivisions in to hotels/ ghost parts of town where there are not occupant owners that want to live due to the issues assocaited with what luka mentioned2) Build quality is already low , but you de-incentivize quality construction because the it will just be a rental / short term home so the quality of the inventory produced goes down, so future investment and future inventory is hurt for SFR since not many people -- as being an agent, want to live in a home where it was used and abused for years on end, because a lot of times those homes doe not attract the average home buyer sine they want a home not a hotel and want better quality homes.3) you increase the rate of in-affordability if all homes were STR's .... in the past decade of living here what I bought when I first moved here at $127,000  in 2011 to What that same house is worth at $500,000 and I've done absolutely nothing to it except make it a rental property and maybe buy a few more with the heloc i got, but I am part of the problem of owners who bought, have multiple units , are not selling and contributing to higher prices and lower inventory but I am doing well for myself and my business which is fine, but i am in a position to say it's fine, where most people just want to live in a place they love and close to where they work, and if they cannot afford a home since all these STR are carrying an extra 150-250k premium on the sale price then it puts wealth building on hold or out of reach for others and government is the body that can regulate and but some guard rails on bothand finally then we have to consider what is best for the health of the city.

Quote from @De Rasche: Follow jobs, schools, railroad, and new highways on a local level.  

When you're talking with CPAs to see which one will work for you, ask them what they know about the De Minimus Safe Harbor election. 

Because while a property management company must have licensed realtors for their management (in Delaware) for individually owned homes, agents aren't taught property management to get their real estate license.  

Purchase price: $85,000 Cash invested: $22,000 Great cashflow property in the city of Wilmington DE

I know there are some  in the Delaware valley.

Hey there, first forum post here!

My wife and I are looking into expanding our business to the Coeur D'Alene area. We love visiting the city, and we see tons of Airbnb's as well as long term rental opportunities th...

We are totally newbies when it comes to foreign real estate, and so we are hoping some of you would have some input as we trust this site dearly.Our main interested is on the East coast (La Estancia/Romana, Casa de Campo, Dominicus) but we are open to other areas.Our main concern is being able to secure rental as this would be an investment property that must pay the mortgage on its own and then some...ideally :)Gracias!

That being said, what are some ways you guys like to de-stress and take a load off? 

But you can 1031 exchange again, and again.Now for the coup-de-grace.