An ADU could rent for an additional $1,200–$2,000/month, depending on the local market, potentially doubling the property's cash flow.

While Colorado's market can be challenging due to high prices, exploring suburbs like Colorado Springs or Pueblo, or even considering out-of-state markets in the Midwest or Southeast, can open up better cash flow opportunities.

It was a true trade-off as the Logan area is more limited in STRs and new builds so ADRs are higher and likely to stay there compared to RRG where the market is headed towards being flooded and there's the potential of ADRs going down like in Gatlinburg/Pigeon Forge area. 

Mine have appreciated off of the charts in the Charlotte metro market.

.: Does anyone have any information about the short term rental market in Kyle Texas?

The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

Unless you spend money trying to find off market deals..

Networking and market research will be key to finding the right deals and scaling your portfolio.

I got the property off-market for $250k from a trusted family friend.

I would keep it at "reasonable market rent" (whatever that means).