(You need photos, size, last vet check etc…)

Even with the birthrate being what it is and people moving into Illinois for jobs, the state has lost about 500,000 residents in the last 10 years.

Additionally, a year-long study by Mariposa County found no evidence that STRs negatively impact LTR availability.

That said, the cash flow potential can be strong if it’s managed right and near a steady university presence.I’ve seen a few investors make it work well by focusing on strong lease structuring (individual room leases, for example), all-inclusive utilities, and building solid relationships with university housing offices.I’m involved in lending, and I’ve come across some creative setups in this space that were really eye-opening.

How long do I have to sit on it before I can get my cash back out of it? 

What city are you eyeing for investments? 

As long as I am providing a service, it's my obligation to respond to both the positive and the negative feedback. 

Quote from @Mark Jay: Hi, in Septemeber of last year we purchased a small (8000 sq ft) lot of unimproved land.

Brookhaven has a long history of corruption and now wishes to limit property rights of landlords and residents.

On top of that, we have super tough STR regulations with waiting lists and high competition from years of established vacation rentals with long lists of repeat clients.