These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

The biggest thing is vetting the operator as they ultimately drive the returns.

If you are a STR operator how do you deal with remitting and paying tax?

If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

I see people without”mentors” who have NEVER had any success with the strategy they’re teaching or haven’t had any success in real estate at all, or have a history of failure often with multiple lawsuits and bankruptcy filings acting as “fronts” for marketing companies out of Las Vegas and Provo, Utah utilizing phone boiler room operations.  

Currently, I am self managing all the operations.

None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc. 

I have grown insanely skeptical of BP over the last 5 years, yet somehow I am trying the lead generation for both property management and now as a featured agent.

While there are certainly opportunities for finding trades and deals in these areas, they’re often pursued by local, mom-and-pop operations.