Feeling like I'm priced out of my market... so I went to the midwest- and I'm mostly coming back home Mass/ Rhode Island to invest now. 

Short Term Rental Pros…Since November of 2018, we transitioned two of our properties to Airbnb furnished short term rentals.

The successful transitions have been gaining momentum for 10-years and just now getting traction...it's partnerships between private, public and not-for profit...all working toward a common goal...that and huge pools of funding from sources like Nationwide Children's Hospital...and even though everyone is selling these locations as the next best thing, I'm seeing long-time residents still embedded...no pride in ownership.

I haven't made the transition yet to truly long distance investing.

Than, you can use the transition as an excuse to move (or do whatever you want)

I got my deleading cert. for the state of mass paid for a hotel and food for the lossers for a month until I finished the job and it was lead free.

That is why you review business financials ahead of time to see debt load, profitability statements, and how business is trending last 3 years of operation.The newer industrial buildings with higher ceilings close to transit and shipping hubs tend to be worth more as a broader pool if companies are looking for that.

We live and own a multi in Mass and we always include - *Prohibited*  No sublets or short term rentals such as AirBNB, etc..., no real Christmas trees (fire hazard), no halogen lighting (fire hazard), no deep bass audio enhancers ( too loud), no bbq's on rear deck (fire hazard) and no waterbeds (too heavy) . 

It will be a bit of work to transition the clients in the current building, but plan on setting up the next building as NNN.Hope this helps,

What’s the fine or penalty in Mass?