However, lately, I've been researching co-living and short-term rentals, and I believe the property would be more attractive with a restored pool.

STRs, LTRs, flips, etc Hello River, it's great to meet you.My current strategy focuses on utilizing small multifamily long-term rental properties by implementing the BRRRR method.

I do have an empty lot next to my current SFH , doing nothing (but costing me money to mow :)) my thought was to build a detached guest cottage to serve as an overflow for guests or it could also serve as a seasonal / monthly rental.

Though, I have investors I work with that do well with their rental properties in that area.

I also have a Facebook group I created called "Coachella Valley Short Term Rental Owners" in case you are interested.

Hey everyone, I converted my previous residence into a rental and have a VA loan locked in at 2.75% for 175,000. 

Does anyone have any experience owning/operating a short term rental in Blue Ridge (or surrounding areas)?

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Mine certainly make more than my long-term rentals.

Your insights on potential risks and pitfalls associated with this acquisition would be invaluable in guiding my decision-making process.Thank you for your assistance.https://www.biggerpockets.com/analysis/rentals/8cd3ed2b-b98d...Thanks, Krishna