We stayed on the lake last month and our family loved it!

Just like any vacation spot, some are looking for deals, some want an experience and some want location..Just think Vegas, you can stay off strip and Uber in or stay at the Bellagio and be in the middle of it all with high end everything.

Looking for networking and knowledge sharing opportunities.

Love the knowledge everyone has to offer here,Enjoy your weekend!

Additionally, research the local market dynamics, economic indicators, and property management options to ensure you're making an informed decision.It's also a good idea to consult with local real estate professionals, property managers, and investors who have firsthand knowledge of the market and can provide valuable insights and guidance.

Her income will not count towards the new mortgage as she just finished up lengthy stay at home mom duties. 

However as stated there is a lot more to sub 2 than just a purchase contract you have to understand all the risks and especially the risks to the people your buying the property from.. they are the ones in my mind that really need legal representation before entering into one of these transactions and deeding away a property where the their mortgage is not retired and it stays in their name and of record.

Anybody have knowledge or experience with this?

Some people treat their STR like a hobby and others treat it like a business.You don’t know the numbers are based on if owners use it 3 months a year themselves, or manage it themselves and have STR knowledge or farm it out to a competent or incompetent property manager.In one area I invest in, the biggest players are all large direct booking sites with hundreds of properties so their revenue doesn’t show up on airDNA, etc.Use conservative numbers and understand your skills in terms of getting a property to be unique, marketing, listing management, etc. or the competency of the PMs you are interviewing.Good luck!

But staying proactive by consulting with professionals in insurance and real estate can provide further peace of mind.