Congrats again, I'm hoping to work with people in central Florida as my real estate adventure begins. 

But its kind of boring here for real estate atleast in my opinion and a new adventure sounds nice haha.I was currently looking at Columbus Ohio, Lynchburg VA, and Staunton VA.Never even thought about Reno, ill have to give it a look. columbus or miami both fun cities 

And I know that the tourism infrastructure (restaurants , activities) has some catching up to do aside from the new casino that is opening up.

I've been paranoid since starting this challenging and bumpy adventure, LOL!

Real Estate is an adventure and it hits a strong amount of my needs.  

Go to the casino and watch roulette.

If you have any questions about RE or turnkey in particular, or about what we do at Spartan Invest, feel free to shoot me a message any time.All the best in your new adventure and Roll Tide!

After doing tons of research (i'm not done and wont stop anytime soon), I feel that using the FHA 203K loan to purchase a fourplex would be the best way to start this adventure.

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.

I wish you the best in your adventure, just don't sell!!