Strategy Dilemma caused by COVID
I am very torn between strategies for my next investment property. I currently own a couple small SFH long-term rentals in another state, but I am very interested in either Small Multifamily OR a vacation rental (Airbnb).
I was pretty set on a vacation rental and now the uncertainty of COVID is making me second guess that. Not to mention, COVID has caused a severe inventory shortage here in Charleston SC, where I planned to invest.
Does anyone have an opinion, or experience, on how to pick the right strategy here? Or should I just be open to both and jump on whichever good deal comes my way?
Alternatively, there is option C: wait a bit and see what happens with COVID, since we're still in uncharted territory here. Would love to hear your thoughts.