You don't need to buy a newly renovated 100% turnkey property to benefit from a more conservative rental strategy. 

The yard is clear of any animal waste: Cost to remove animal waste: $15:00 per scoop5 The yard is newly mowed and the shrubs trimmed: Cost to mow the lawn $75.00You kind of get the idea.

Excellent post for a learning investor and newly active in BP.

If I'm launching a new account I'll take a gauge at the competition, yes, but not to see how big they are but to see what wording they are using, how are they positioning themselves in the marketplace, are they using relevant ad copy, are they using the keyword in the path URL, are they even using something so basic as ad extensions.

However; in a newly burned area, I'm not quite sure the process that is required before homes can be rebuilt.

School helped me learn to house hack & general business knowledge & launch other new businesses.

Just take that into consideration when deciding if STR is right for that property/if you want to go through the hassle of launching it and it possibly not performing as well as you anticipated.

@Joey NakayamaI think we can safely assume that the regulation change on ADUs will probably do more to legitimize existing granny flats throughout the city than it will to launch a new wave of coach house building.

Hi @Danielle Du Plooy,Cape Coral is a great option that is not only STR friendly, but the local government has passed some new city policy that has shown they're interested in promoting the growth of that specific local industryThe first piece of legislation was the newly enacted rental database, which requires all landlords (or local property managers) who own in Cape Coral to register their contact information, along with paying a $35 annual fee.

Newly constructed in 2021, Zip code - 70791 (Zachary).