My husband and I are looking at buying our first STR, we are Canadian wanting to invest in the US market as its far more stable than Canada. I had an STR back in the day when Airbnb started, it was the basement unit in a triplex and I quite often had mid-term repeat guests. There is so much more available than back then and I am excited to take advantage of all the booking and pricing aps!

My husband is a contractor and I'm in real estate so we are wanting to do a value add, I do all his design work for his company. We both love the water, not really mountain people and we definitely believe in the philosophy of investing where we would like to vacation. I also would like to do 1 bed, 1 bath places as I feel this is a bit of an untapped market. We like to stay in properties nicer than our home when we travel and we always find it difficult discovering luxury 1 bed, 1 bath smaller accommodations and always seem to end up renting a 2 bed house that is far bigger than what we require just to get the luxury component.

We will be looking at a DSCR loan

So, if you were to start all over again, what advice would you give a Rookie Canadian investing in the US market. It will be our first time owning an STR remotely, so all advice is welcome! We love NC, SC, Georgia and Florida, it doesn't have to be the ocean, a large lake is fine as well. We are not interested in the West Coast. Our goal is to eventually do a land hack and then lead up to a boutique hotel.

Any and all advice you have is welcome!

Melissa