Airdna has been fairly accurate for our other STR which is averaging close to 3k/month this year with the peak STR season being fall as we're located near two universities (football season).

I bought my first property with an FHA loan, and the real estate agent I hired offered to contribute some commissions to closing costs, which meant I was somewhere around $9k out of pocket to buy that first house.That was almost my entire life savings at the time, but the home was recently remodeled and this was in 2011 so home prices were very deflated.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

I've watched enough Instagram fail reels to know this is a bad idea.

It's a different landscape, one where traditional charm meets amazing opportunities, and where the savvy investor must navigate with both intuition and insight.One of the most notable trends I've observed is the emergence of new markets close to Branson.

Get insurance lined up well before closing so now would be a good time.You need a landlord policy, slightly different (and usually cheaper) than a normal homeowners policy.I have been super happy with USAA for our rentals - if you or your parents served then you can get USAA, they are set up to work with landlords.

There are the post-closing cleanup, maintenance, and repair issues, as well as on-going problems after the tenant moves in and you receive a “punch list” of whatever else is needed.

Good news is there is one upcoming in March 8th and March 15th, might be worth sitting in and watching how all this works. 

Just like everything else in life, get started, keep honing those skills (i.e. keep reading, keep learning, keep attending the meetups) and watch yourself get better and better witch each property you buy.I hope this helps and good luck on your real estate journey!

Jasper also is very close to Smith Lake - a beautiful lake that is a popular place to vacation.