I would recommend that you screen your tenants and have them complete a background check with a company of your choosing and not just accepting Zillows in house background check that some of the tenants already have.

if I'm choosing one market/property vs another.

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.

Choose your markets wisely to invest in.

Below are estimates of the housing shortage by different institutions:The National Association of Home Builders (NAHB) estimates a shortage of 1.5 million units (2021 data).Freddie Mac’s estimate is a 3.8 million unit shortfall (Q2 2020 data).A report commissioned by the National Association of Realtors (NAR) (2021 - Rosen Consulting Group) suggests a 5.5 million unit housing shortage.No matter which data source you choose, there is a massive shortage.

I personally choose to run this business to make $.

To all the millionaires out there, where do you think is the best place to put your money to let it grow while still being able to pull it out when needed? Personally, I prefer being able to access my money without pe...

It’s your personality that makes people choose you.

If they choose to stay, they must show proof of income so you know it's affordable.

Whether you choose to join a program like ours, hire a business coach, or work with a mentor, the key is to find the right support system that aligns with your goals.Real-World ExamplesTo get a better sense of what we offer and see some of the successful deals we’ve done with our partners, please visit my BiggerPockets profile.Final ThoughtIt’s crucial to weigh the benefits of paid programs against free resources and determine what works best for your personal situation.