We have "squatters rights" aka adverse possession laws but it's really difficult to meet the legal requirements for that: the squatter must live in the property as if it's their own for 18 years, paying property taxes, making improvements etc. and it must be open and hostile/ against the true owners wishes for the full 18 years continuously to be able to make that claim.

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.

.* understand current market rents for the type of tenant and construction you are considering, and at your specific location.* understand delivery timelines, TI schedules, and general construction process/permitting for you and the end users.* have identified the most likely tenants for the development in question, and understand the building criteria each have for spaces.If you haven't answered "Yes" to each of the above, I would recommend pausing until you have the above nailed down.

I would love any pointers or specific advice from anyone who has experience in the industry! 

Others will say you do, but they don't understand how lawsuits and the legal system actually look at it.

These are more about real estate without being too specific on the type.

Hi Kenneth, a little late but we've found that Equity Title Of Nevada specifically the Henderson office has been very helpful for investor client transactions.

Perhaps I should've been more clear and specific on details.

Hi everyone, question for those of you on here who have experience with STR, specifically in the Western North Carolina market. 

They cater specifically to landlords.