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.

I believe that any losses you have in the stock market could offset rental income.On the other hand, the better solution is to not have any net rental income. 

Also check out the Lend2Live group.   

What’s the biggest red flag you watch for when vetting borrowers?

fix and flips are the vast majority of the targets for private lenders.

We also started repeat visiting Chincoteague, VA annually, and so decided to give another STR run here.

It tracks all of the entries that the associate does on the dashboard. 

Should I drop the price to 1700?

J Scott breaks down all the fixed costs on closing a wholesale/flip deal.

Hi Daniel Simplified also runs meetups in your neck of the woods. second Thursday of the month I believe they have on in Lowell.