I am new in the field of STR investing and have ben reading posts about strict STR regulations in the St. George/Washington/Hurricane area. So I am looking at other possible options one of which is town of Hatch just outside Bryce Canyon NP along Hwy 89 which is also close to Zion east entrance. I am looking for any insights or suggestions on if this is something worth considering.
Property Manager · Orlando Kissimmee Davenport Salt Lake City, Park City · Member since 2019 · 991 posts · 1k+ votes
3y
I own in Kanab and one thing you're going to have to pay mind to other than underwriting is the availability of cleaners and handymen. You can maybe find someone based out of Panguitch but it would be worth calling a few and seeing if there's anyone even taking on new work there as, outside of that, you're looking at over an hour to the nearest decently sized city.
I never underwrote as far north as Hatch when I was looking but I swear there was a house for sale there recently that was used as an STR and they shared their STR revenue. I can't find it now but maybe try to find the listings for some of the recently listed homes and see if you come across it.