It can definitely catch out-of-state investors off guard.

Here’s a story that illustrates this point perfectly.A few years ago, Dylan, one of our team members, was at home on Christmas morning with his family when the phone rang.

To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly.

What made you interested in investing in this type of deal?

These upgrades have enhanced the property, making Tyndall Pointe Townhomes a unique and valuable asset with an opportunity to acquire below replacement cost.

I’ll need to set up a trust after renting it out I think (losing time at this point).

Just lay out the rules on pet size, breed, and how many pets are allowed.

I would love to work with an experienced wholesaler so please reach out if you are interested in being a mentor!

I live in Miami, I took advice from some of you knowledgeable gurus and decided not to invest out of state but instead to invest in more affordable cities in Florida.

If the value is there to where you currently own 20% or more, then you should reach out to the lender and ask them to schedule an appraisal.Keep in mind that appraisal is not free, likely ~$600 depending on who they choose.