A good strategy would be to find a property that is zoned R-2 and over 500 feet away from another STR.

I’ve looked into Branson MS and it looks like the STR market should be great, but due to zoning restrictions and a lack of bookings for cabins under 4 bedrooms, I’m passing on this market.

Thanks, that is kind of how I was looking at it too. i also have to find out all the zoning and permit cost.

@Rolanda O'Bannon Your market may not be zoned for multi family housing.

The house is zoned for multifamily so there are options there as well. 

I am thinking it might be a red flag that they didn’t do a second moisture test after all the repairs were completed, but I am wondering if an inspection will take care of that.If I do the inspection, what specific things would I need to make sure are inspected?

Not having cash reserves has been a red flag for us. 

Her are some of the questions that he will touch on during our conversation:Just a few questions to think about which I’m sure you already did, but Are they zoned for 4 unit conversions into 5 units?

If you’re throwing out red flags in your message, they are less likely to call you back.

@Marcel SundayIt’s not much different then buying a single family, just different debt structures, higher operating expenses, higher property taxes, less liquid, more zoning/permitting, etc.Most people would say start on a 1-4 unit first before jumping to that size.