There are real benefits to hitting economies of scale when it comes to running STRs.

lower the size of your unit and therefore your build cost per unit, your sale price will go down but focus on density and get familiar with zoning and what your city will approve. my best suggestion is to do it in downtown districts where there is unlimited height and unlimited floor area and you can build every square inch of the property and reduce parking because of proximity to transit. property values are higher, rents are higher in downtown markets, there are just too many economies of scale compared to suburban deals.

Doing your homework, checking everything carefully, and planning well can help you avoid big mistakes.The best place to put your money depends on things like how the market is doing, what's happening in the economy, what you want to achieve, how much risk you can handle, and what you like.

We've decided to hold off for now until it's clearer what the economy looks like later this year. 

Big enough to have a national foot print usually means some economy of scale price wise. 

@Pradeep Roy both are great markets but I prefer the Memphis because it's a more robust economy and there's a higher probability for appreciation.

But yea it really goes to show the current expectations of laborers and apparently some handymen despite the economy where less pay is better than no pay and despite CA CSLB being very firm about its $500/project being a maximum for materials + labor.So yea I've resolved to conclude 'you're just not getting it, son!'

Tulum has significant plans for the future, and many Mexican politicians and private sector players believe that it will surpass Playa del Carmen.Overall I believe specific locations in Mexico are great investment opportunities, as the world splits into east and west, bringing production closer to home is becoming a priority for major Western economies.

It was restated many times how the model and asset class is very new, existing just a handful of years in a very dynamic market and economy.

The simple economies of scale for joing their commercial division is unreal. the technology pages runs $266.50 because of the collaborative purchasing power of eXp Holdings, as an independent the same platforms could run easily $4-5,000 a month. 4.