There are two things that give me pause in trying to recreate our original success.1- Location, location, location... and how that translates into occupancy. 

The market we are looking at has multiple STR’s, has recreation for all seasons, but it isn’t a well known area. 

I initially went in with hopes of re-creating a BRRR but it may not be possible but hopeful nonetheless that rates can go down to profit more from MTR.

Tons of recreation as well so could be good for a short term rental or medium rental

I'm now in the Reno, NV area and there are some great advantages to this area like low property taxes, limited new construction, tech and manufacturing job growth, and lots of recreation activities. 

There are also some good options just outside the Lake Tahoe basin that can offer year round recreation and 20 minutes to ski areas.

Land acquisition, permitting, grading, hardscaping, wells/plumbing/septic, electricity, shared recreational amenities . ..

Our detached garage is about 325 square feet now and half of that space was legally converted to a recreation room with a bathroom in the 80s.

The median home price in Cape Coral was $385,000 in September 2023, presenting a good investment opportunity. 5) Development Potential: Cape Coral continues to see ongoing development and infrastructure improvements, including new commercial centers, parks, and recreational facilities.

Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.