Investment Info:Single-family residence buy & hold investment.

Hold onto that license—it's a versatile toolkit, not a constraint.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

My time is invested identifying the areas and properties that are both eligible for a vacation rental permit license and likely to produce investable rental revenue, but beyond negotiating and supporting the transaction, is the facilitation, transition and optimization to an active vacation rental.Here are some key points for out of state investors of nightly vacation rentals to consider that are just as essential to success as the 'right' property:- The RIGHT People  Operating an AirBnB or mini hotel is hard work and it takes a tribe.

The assessed values are your supporting documents. 

I own two fully paid out single family homes through a 1031 exchange, my original thought process is to keep them long term since that's been what I've done in the past, however I am contemplating changing my strategy...

@Nick JohnsonI usually support the idea of buying first where you live.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

It supports dynamic pricing and syncs calendars to prevent double bookings. 

If rents are strong and support your $2400 rental price and you know you could readily secure a replacement tenant at that price, why negotiate?!?