It took weeks for us to work through pages of approval requirements and get this lender comfortable with the team we had put together to carry the development forward.The other critical piece to the funding equation was to assemble a team of investors capable of supplying the 20% in equity financing ($1.8M).

It seems logical that the demand for STR would be higher in the mountains, but also the supply would potentially be higher in the mountains as well.

We have automotive, medical, furniture (city was built on this industry), Amazon, Switch (tech) and we have rich families that ploughing $$ back into developing the City.

The community is great and close so demand for rentals there outweighs the supply.

Are you supplying Water & Sewer?

We recommend the well and supply lines be fully evaluated by a qualified well and/or plumbing contractor

You’ll need to go to a plumbing supply to get it, but it should last a lifetime.

I wish moving upstairs was an option, but our unit is basically double the size because of the basement, laundry, attached garage, and access to the yard.I'd consider adding carpet upstairs, but they have a lot furniture/clutter.I completely agree, Colleen. 

He sold his successful furniture business a few years ago and lived on the money.

No one has repurposed that stuff, but short of new supply, office is just perpetual.