Apologies for that wake-up call, but most folks considering STR fail to grasp that they are crossing over into another business - hospitality.

My objective is to hold a diversified portfolio of high quality assets, managed by the best management companies, in the best and fastest growing markets in the country.

I've been asking myself what best practices should be for due dillegence packets that turnkey providers have.One thing I really liked about Bridge's turnkey DD packets is that they include rentometer data.I've been thinking it would make a lot of sense for turnkey providers to include neighborhoodscout reports - especially as they tend to focus in specific markets and the cost for NS should be fairly nominal for them, whereas for potential investors who are looking at 10s or 100s of properties across the country, running a NS report on each of them quickly becomes cost-prohibitive.What do you consider the best practice around DD packets for turnkey providers?

Is it worth hiring a lawyer to cross your t's and dot your i's?

Most importantly I am happy I can watch my kids grow up, grab lunch with my wife whenever I want and not be chained to a desk sitting in meetings about meetings, being trapped in a horrific cross state commute or deal with other corporate nonsense.Feels amazing folks!

There is a budding tech industry here now and we have the largest public university in the country (based on enrollment).

It's happening across the country, and smart investors must be ready to adapt. 

The market is pretty hot here, but still very reasonable prices compared to many parts of the country. 

I live out of country and have been thinking about buying recently.

There are really only a few STR friendly markets in the country.