Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.

Not only is the growth in the amount of tourists, digital nomads, remote workers and retirees not slowing down in the face of these issues, it's actually accelerating.7.

We need to hire more team members to keep up with our growth and will likely raise capital for operations.

For distressed properties, focus on markets with growing job sectors, good schools, and lower crime rates, as these factors drive rental demand and long-term growth.

I purchased my first two multi-unit properties using data and they've doubled in value in 5 years simply because my metric was population growth and movement. 3.

Cut out spotify, amazon prime, HBO etc and use the free time to learn to invest or invest in your personal growth.

If you invest into an area that has strong growth and good employment numbers it can overcome many other Cons.  

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. 

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