However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

Sure you make some scratch in the deal, but isn't that why we all love real estate?

It works like a charm, and I get great tenants now.

I find it humorous and charming in a way.

I love real estate and have a couple rentals with good cash flow, but know very little on flipping and wholesaling besides lots of youtube videos.

And we sold that house to Shep of Southern Charm he showed it on one episode .. 

To me a Tesla is totally worth it and I may sound biased as I am an ev car lover.

Another great type of clientele we love renting to is relocation clients from insurance companies/hospitals.

Her lesbian lover was shown the door quicker than you can say "your ex husband has $10m in his personal checking account".

Greetings Rat lovers,I forgot about this one, a fellow Landlord told me about this web site https://www.domyownpestcontrol.com She had bed bugs so she ordered a truck load of supplies from them.I haven’t spoken to her since - so I’m not sure of her results.