Probably 10-20 years ago they never thought about STR, now many don't like them....and they update the rules and regs or CCR.Lots of people on here like lots of risk, but if your economic model depends on STR vs LTR, I would not buy this particular home or any in an HOA...unless you know 100% that they are STR friendly.Most of the condos in my area now prohibit STR.   

Making sure they follow-through with what they say they will - do they pay distributions on time, K-1s in a timely manner, good communication, what type of deals have they done, have they taken any deals full cycle, have they been through economic cycles, are they investing in their own deals, what was their background before real estate (did they manage a P&L), do their fees align with the performance of the asset, background check, etc.  

(I have been through 50% vacancy)When you have lived through several economic crises; 1980 recession, 1987 Black Monday, 2001 Dot com crash, and the 2008 recession.

Sure, maybe interest rates are low, sure people may be scared to list their house because of COVID, and maybe even people have saved up over the economic boom of the last decade.Whatever the reason is, we all see what's going on in the market, and it inevitably can't go on forever.

@Ryan HarvelCheck out the basics for any investment as stated below:Where are the economic drivers?

Oracle Corp. plans to bring 8,500 jobs and a $1.2 billion investment to fast-growing Nashville, a deal Mayor John Cooper’s office announced Wednesday as unprecedented in the history of Tennessee economic development projects.Cooper’s office said the Austin, Texas-based computer technology company requested a public hearing for its economic impact plan with the Metro Industrial Development Board.

The next time the wolf comes howling to the door for the blood of my family in an economic conflict, I'm gonna be behind that door with a money howitzer.

Housing prices tend to be sticky as most sellers can sell on their own terms, at the end of the day, there are economic benefits from rising home prices. 

Housing prices tend to be sticky as most sellers can sell on their own terms, at the end of the day, there are economic benefits from rising home prices. 

They are created for economic necessity or economic benefit reasons.