04-30-2024, 04:11 PM
I think the answer to this will depend on what market you are in. According to AirDNA most of the markets in the south are flourishing, and the properties there are much more affordable to begin with and you get more land and therefore less neighbors to piss off and deal with. I can't imagine too many people thinking that getting in the game now in a state like California or New York with a $1MM investment is a good business idea at all.
STR Investor - Miami / Dubai