I view most bank and real estate attorneys as just a source of good sporting fun.

Fayetteville has a larger military population ~55,000 vs ~39,000, Fort Bragg also sports the largest % of military population interwoven with civilians last I checked it was roughly 55% living off post.

Investing in syndications is a team sport. 

On the flip side, most things that bring people into the city have been cancelled indefinitely (sports, conventions, school, etc).

I guess I'll head to Opryland and find a sports bar instead.  

You can ask your agent to prospect for you by calling or mailing the neighborhood, network with their agent sphere for pocket listings are coming soon, private sales, and/or distressed situations.

Lawyers are making quite a living, including buying national sports teams, by suing landlords of city properties.  

And I essentially have no hobbies aside from fishing and household projects, watch no TV, no sports, since I am already spending an average of 25-30 hours per week in real estate in addition to the 40 I spend in W-2 role.

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.

We also have a ready market for short-term stays: students who attend the university during the summer for shorter courses, conference attendees, sports camps, etc.