As we are just starting our initial research on which markets we would like to focus on, we came across, Shelby, NC.  

Hello Felicia, The good news is that rates have started to come down a bit so that can help your cashflow a little more.

We strongly urge tenants to have insurance to cover these types of situations.

And we have to start process again. 

I am eager to engage with like-minded individuals who are focused on improving their financial situations.With a strong background in sales, I’m also interested in potential collaborations, particularly in wholesaling properties, where my sales expertise could be a valuable asset.I look forward to connecting with those who share similar goals.Best regards,Dan

I still (strongly) believe that supply will pick up in the spring once STR owners are disappointed with 2021 holiday figures, deteriorating property values on the mountain.

I have had several friends suggest that it would be wiser to start off with rentals within driving distance of where I live. 

What happens in situations like this is they start by going after the promoter and then go after every customer of the promoter.

Title company started title search and while waiting for results (we knew there were multiple liens that would be paid from proceeds at closing), I paid off property taxes so foreclosure was stopped after seller signed the warranty deed over to me in front of a notary.

I will most likely just buy a new fridge for the place anyways as Im getting very good cash flow on it and don't want to start off on a bad note with the tenants.