@Anna Catron I would love to have David and Rob answer this on a Seeing Greene episode.

It’s a matter of “do we want to live in this area?”

Hi everyone, I'm new to this community but have been in real estate investing for some time.

It depends what your goals are, but I'm inferring that this is a comfort/long term investment as opposed to a quick flip.

The older parts of the city will have this type of housing as the newer portions will have more traditional family-style living.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

This is why there is little to no inventory. 

I’d recommend having this discussion with her now and just get a firm move out date whenever that is.

Will this optimize your tax position or legal position?

This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.