I was in the same boat as you, and picked Ohio.

Has anyone else been in the same boat?

I am in the exact same boat as you being a rookie investor in the Asheville area.

Essentially serves as a bridge loan for the buyer and defers taxes for the seller.To me long term doesn’t make sense unless you are a very high net worth person who wants mailbox money to pay for boat and Porsche fuel.

@Ron Buffano I’m in the same boat.

It's also a case of a rising tide lifting all boats; the market has only gotten better in our little pocket of Philly and we may see a decent profit because of that and not our amazing financial/real estate prowess, believe me! 

Lakes further north seem to just book during boating season.

I'm in the same boat you were (buying duplexes) and am diligently working on scaling up into the big leagues!

Most people I know who own in Eden are terrified about violating the county's STR ordinance . . .yet the county seems very clear that they cannot effectively do anything about the unlicensed operators (last number I saw was that there were only 38 licensed STRs in the entire county, and at least 1,000 known STR units operating there).If you do set out to STR in Eden, do it with the highest degree of excellence and help us set the best precedents possible so that we can demonstrate to the community that hospitality can lift all boats, not just sink them!

sounds like you're in the same boat as me, just a few years ahead.