Places like Tampa, FL, Boise, ID, Asheville, NC, Detroit, MI, and Columbus, OH are seeing growth in tourism and demand, making them great options for STR investments. 

Quote from @Tenzing Palmo: Hello I’m looking for my first investment property in Dallas Texas, I live in nyc so I don’t The trick with new construction in many of the growth cities is that don't allow rentals in the HOAs or have super restrictions. 

Also, the ability to export reports for partners or lenders would be a plus.Essential Data/Analytics: Reliable rent estimates, cap rates, cash-on-cash return, operating expenses (especially maintenance and CapEx), and local market trends like population growth or job market health are key for decision-making

You can look more into syndications, out-of-state turnkey properties in growth markets, or house hacking.

Focus on growth areas, understand local regulations, and use your rental history to build credibility with brokers and sellers.Good luck!

If you’re really set on building a portfolio, this might be a good way to go since it’ll give you the liquidity to take on more properties.BRRRR: If you’re leaning towards long-term rental income and portfolio growth, the BRRRR method could be an attractive option, but you’re right to consider the numbers carefully.

This is my 1st post and I am so incredibly thankful that a forum like this exists and for any information to help guide me through this tough decision is so immensely appreciated! 

Engage respectfully, acknowledge challenges, and collaborate with community members to find equitable solutions, presenting landlords as partners in neighborhood growth rather than adversaries.

In my opinion, you can make as much money buying cheap houses as you can buying expensive homes.Affordability is an issue for a lot of Americans so I will argue cheaper cities performed better over the past 10 years than more expensive markets / houses.San Francisco, CA, Seattle, WA and New York, NY are considered expensive markets.If I look at Zillow's price estimate for homes comparing 2016 and 2024San Francisco - Average Price of home was $1,145,000 and now its 1,262,000(Increase of 10%)Seattle - Average Price of home was $561,000 and now its $848,000(51%)New York - Average price was $561,000 and now its $766,000(37%)Memphis, TN, Indianapolis, IN and Clevlenad, OH are considered cheaper markets.Zillow is showing more appreciation in these markets over the same time periodMemphis - Average price was $73,000 and now its $149,000(104%)Indianapolis - Average price was $107,000 and now its $225,000(110%)Cleveland - Average price was $54,000 and now its $109,000(101%)Population increases and job growth are two indicators that result in appreciation.Two of the cheaper markets listed above(Memphis and Cleveland) are not increasing in population.

@Roberto Kattan- 1) locate a realtor for the  Roch rea thats   familair with  invesment props  ...they can  help immensely    2)  if you will need  to use  financing - make sure ou are  fully pre approved