I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a rental property in a cheaper market.

not a fan. people are getting tired of having to always enter contact information to use stuff. guests just paid decent money to stay in a rental, and you should already have their information (email) in some way or form. just my personal opinion

Some coastal cities that were historically very welcoming to vacation rentals (like Rockaway Beach OR) have recently passed new CAP's or rules on STR permitting or vacation rental licenses.

Depending on the location STR is going to make the most money because condo rentals are an attractive option due to the amenities.

There are many positives about Trenton, but as I always say to my rental landlords, everyone needs a place to live, so if you are willing to take the unknowns and nervous willies, then take a shot.

It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom).

I personally lean towards the multifamily route because I have a girlfriend and a dog which isn't ideal for a room by room rental.

Run the numbers, does it make money as a rental?

Working on my first rental property.

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