There are only two BnB's available in CT, and this is the best spot!

It's mad dope yo. mid west rust belt areas have been the hot spot since I started BRRRR lending in 2002 in Detroit.. nothing has changed..

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

Assuming you're contracting it out make sure you get multiple bids and I'd do the bare minimum inside or do that yourself (unless you're going to make it a hangout spot as a feature for guests - could also do this over time as you see increased cash flow).

Your spot on though with what we are looking for.

.- Almost impossible to get any kind of unit damage paid for beyond what you have in a security deposit The rest of your statements about the homes needing a ton of work, contractors costing the same, and dealing with properties that are very tough to force appreciate are spot on.I personally do not invest in Section 8 housing anymore because they are normally cash flow purchases.  

I’m in a great spot financially and can’t wait to explore my options and dive in.

If there is a large amount of mold or potentially mold in spots you can't remediate, hire a professional.4.

Can't speak for AirDNA, but you don't have to have sophisticated software to know that Galveston is a great spot for a vacation rental.

While my primary goal is to make money, I have a soft spot for those with addiction.