I hope I’m making sense and really hoping someone can help me think through this.

Outside of this, it’s been difficult to even figure out where to find reliable contractors in my area.

Can you manage this yourself? 

This is a great place to learn and further investigate investing in real estate.

Thanks for going through this entire process for Alexandria, William.

This is a tough one.

Suffolk, VA has a 4% population growth for the past 3 years What made you interested in investing in this type of deal?

It helps with cash flow and offsets your mortgage costs while you gain more experience as a landlord.

Thanks allI think this ultimately comes down to the following: Will your return on investment be better with a new purchase than your current return on equity for that $200K?

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.