This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

On BP, you'll find many tips and insights to help you on this new journey.

So if you plan on getting into a more active roll in real estate having cash available is very helpful.

Worth having a conversation about it with them to figure out what's going on. 

They use a list of 10000 contacts (they did skip tracing, I ordered high equity/absentee owner list).

@Kelsey Vander Meuleni am assuming this is not the answer you want but why not just hire a property manager?

I recommended he talk to his parents about buying the house in an installment sale and using seller financing with them.

The original plan was to use the equity to build in a few years, but we were blessed with triplets so things got a lot tighter.

Do I understand what u am investing in?

What are your thoughts on getting a property with HOA?