Quote from @Shayan Sameer: Quote from @Zachary Deal: As several folks have mentioned leveraging equity in current property you owned is a great tool but still comes with the some of risks as you had before using hard money debt as there is never a guarantee your new project will be a success (there will always be risks with real estate investing).Leveraging your investment property would probably be the first step I would take. 

As such, they are not able to set aside sufficient funds for inevitable capital improvements as the community ages.  

I heard you mention that you worry about Tenant placement after the medical resource you have now dries up. 

Not to mention sky-high drama factor.

They mentioned they didn’t need any income.

With house hacking (mentioned in the thread), the more uncomfortable you're willing to live, the better the numbers will be, the more comfortable you need to live, the worse the numbers will be.I've house hacked twice in Reno, NV and it's changed my life.

They even added a small “welcome basket” with loccal treats, and guests loved the personal touch.. it became one of their most mentioned features in reviews!

Here's a bit of visualization/data on some of the markets mentioned in this thread.

As Chris mentioned, now many not be the best time to jump into investing.

A few of them also mentioned that they don't really expect this to affect the housing affordability in the county, but do believe that STRs can affect the quality and integrity of the neighborhoods in the county which they want to preserve.