@Josh Havekost Bumping this thread as I'm in the same boat, and would be grateful if you can share more details. 

I suspect there is the same thing for high end boats and yatchs as well.If its new to your area there in TN NC SC could work pretty well for many who want to own but want to spread the risk and know that only owners will be using the property instead of your vanilla STR folks.

I am in the same boat.

I was in the same boat.

I'm in a similar boat, 10 doors in Birmingham AL, 4 of them Section 8 and actively scaling more into the program.A few things I'd add from the out of state investor perspective, since I manage everything through third party PMs.On the money side, in Birmingham the SAFMRs (Small Area Fair Market Rents) vary a lot by zip code.

If you analyze properties on their "Year 1 Cash Flow" then you are going to miss the boat.

I'm in the same boat right now needing help with tax strategy and filing taxes for cost seg and so on.

I understand this is not a one size fits all subject... just seeing if anyone has any wisdom for me, OR, is in the same boat as I am.

We are on Lake Coeur d' Alene in North Idaho and it is just under 50,000sq acres.One thing you could look at, if the lake is big enough, is to add watercraft like Jet Ski's and ski boats.

I'm in the boat just wanting a small portfolio of 8-10 units paid off (for now).I just think of it in two phases, growth then security.