I tried SO hard to find a STR that met our group's needs (senior over 96 with mobility issues, AC necessary for heat sensitive, something central & vibrant for Gen X).

Yet, at the time, there were plenty of people saying, "I dunnno.....it might go down...rates might go up....that clogged toilet on Christmas day...jobs, inflation, war, boogie man..."

Areas with strong job growth, good schools, and a vibrant community often attract long-term tenants, ensuring consistent rental income.

I’d love to connect with others who’ve walked this path—especially anyone involved in multifamily deals, partnerships, or creative financing.I’m truly grateful to be part of such a vibrant and generous community.

✅ Are you prepared to handle a heating emergency on Christmas morning?

I didn't know that Instant Booking is the default so when we went live (and I hadn't finalized pricing several months ahead for the Christmas Season), Christmas booked instantly and I turned it off immediately once I realized what had happened. 

I was home 3 Christmas ago and got a call on Christmas Day and the day after about heaters going out.

And each year when we close out the books there’s a small amount of cash flow that usually goes towards our family Christmas expenses.

LinkedIn Cities on the Rise 2025: The 25 fastest-growing U.S. metros for jobs and new talentLinkedIn's 25 fastest growing job markets survey shows Austin at number 18 - "Major corporate relocations, a datacenter boom and investments from tech giants are sustaining Austin’s continued rise as a vibrant hub for job growth and stimulating billions of dollars in local infrastructure projects to keep up with the metro’s growth"

One of the biggest pros to renting to students is that you'll never get a call on Christmas Eve or other holidays because they are usually not there.