I would not especially if it’s a long term holdLastly if cash flow is negative they pitch in ?

In terms of timeline, don't plan for it to be a fast process, your rockstar local loan officer will not be processing the assumption, it'll be a group of call center people reading scripts from a computer screen.

We have some short term debt we need to pay off at the end of July (300k).

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

I’m willing to invest in any market that supports long term rentals! 

Lot of great replies on here already - only thing that I would add to consider is getting a few outside opinions from realtors, other hosts, property managers, etc. about the medium to long term outlook for STR regulation in your specific area.

It's set to open in 2026 - I think that will be big for that area and short-term rentals.

We have agreeable terms. 

How accurate is the data provided by AirDND in terms of price and occupancy or do you use a different website to analyze deals?

In this blog I explain the confusion with the location of "Shenandoah", regulations, numbers, and an overall introduction to the "Shenandoah" STR market:Short Term Rentals in the Shenandoah Valley What You Need to KnowWhen starting your search for a great STR, the first two things you must consider are the How and the Where.