It is appealing to me because it seems like a great place to visit a few times a year and also to bring the family on a holiday every year.

Ideally someone who is available and willing to come when emergency happens like weekends and holidays ;) At the end it is worth it, it is a sought after amenity and my properties with pool rent better and for higher ADR.

Pete and Clearwater are all still very hot markets however investors are having an easier time negotiating/getting deals under contract with recent market shift.I’m seeing a lot of regular folks getting priced out of these markets and investors are pushing north/south to find LTR deals that work, places like holiday, new port richey, Brandon/Bradenton.Cap rates are still relatively low for multifamily and you’d need to look at value add plays to get above a 7-8 cap.

Hi All,I have a few LTRs in the DFW area but looking to expand into an STR in the hill country that we can use as a holiday home as well a few times a year.

Thank you all in advance for your insightful feedback, and we hope you all have a wonderful Holiday with your families!

People relax more with a drink in their hand. 

Happy Holidays!!!!!

@Garrett Schmidt My thought on this would be to use such properties as STR, if they are in a decent area where people could "get away" to relax and have some sights to see. 

Just to update you all.Sadly, my husband passed away this May.I decided to house hack as a lot of the house is finished.I'm making enough to pay my mortgage and taxes for the year.This is buying me some time  while I make major decisions.Please no wholesalers contact me about my property (as you did with the original post) as I will not wholesale it.I hope everyone has a great holiday season!

I hope to see Montana as a major producer of food and hemp products in the future.Rural areas have a huge advantage when it comes to relaxed regulations, like no zoning for example.