Each county, township & community sets its own unique STR laws, rules, regulations, fees & tax rates.After the Supreme Court ruling, each county, township & HOA is now busy creating their own STR laws, rules & regulations.

We do have a unique situation though, as neither of us have w2 jobs.

Lubbock is sort of on it's own island and being a college, agricultural, and professional town it has some unique bonuses for the investor.

I have a unique perspective from both the good and the bad.

With its gently rolling yard and mid century charm this home is truly unique.

This is an older, unique home so I expected insurance to be high.

Unfortunately your options will be somewhat limited given your unique situation.

Prob the difference here is that my renter market would be much larger and easier to predict.As I write this, I think a lot of this question comes from all the STR success I hear/read about and this market is especially good for that during elections as well, so I guess I am trying to figure out if that is a fad that I am too late on or if it is something I should seriously consider, especially since I kind of have a unique access to a steady stream of renters...I did talk to someone who isn't even downtown and he said leading up to elections he rents his basement unit for $300/mo and it was not even updated!

Unless your husband has a strong foodservice background, is very talented, knows exactly what he's doing and has a very special unique selling proposition you will have a hard time making any serious money in that business right now.

However, on the flip side, thebuilding could sit vacant for a long while in between tenants due tothe uniqueness of this real estate class.