I've been diving into the due-diligence on the NE housing/rental market and I am starting to get a lay of the land, but I would love to hear from anyone with more experienced in this particular area on any major 'gotchas' to be on the lookout for as I'm dialing in my search. 

My hope in diving into real-estate investing is that I can shape my life in a way that I am able to pursue these passions for more than a couple weeks a year. 

For close in neighborhood demographics, go to a few of the local Grocery stores and sit in the parking lot Friday night after dark, Saturday morning, and Sunday afternoon.Look at the people, and how they are dressed, look at their cars and trucks--guess their income level.

For example your nightly rates, leveraging cleaning fees as secondary cash flow, overall guest experience, quality/quantity of photos, and property condition.

At the end of the day, it is your own decision on what risk you want to assume and that will keep you sleep at night. 

Get an eight-camera night-vision system with a DVR and mount them all.

PM me if you'd like to dive deeper into any of these areas, or set up a time for a call if you have more questions.

Nightly rates are quite high because of increased tourism demand.

Hello BP Community,I wanted to ask everyone how they conduct market research, what you're processes are, and how you go about filtering all 50 states, to exclude states from your research and how you choose states(cities) or areas of interest to take a deep dive in.Ex.

Typically lowers your CoC return but is safer and you’ll sleep better at night.