My favorite part of real estate is finding a distressed property and giving it new life.

My wife and I spent 10 years living abroad, and love expat life.

Some neighborhood have seen issues where STRs are concentrated and not well-managed, while others have a smoother coexistence when clear rules and active enforcement are in place.The challenge seems to be figuring out how to protect residential quality of life while also allowing responsible operators to continue hosting.

Experience of life dictated by such, and various actors playing out efforts to get theirs. 

I believe that starts with where in the project life cycle the investment is made.

Lower taxes, more landlord-friendly laws, and plenty of value-add opportunities.Both markets can work really well — it just depends on your personal preference and what kind of investing style fits you best.

Quality of life matters too.  

You likely have some really good ingrained habits which will lead to you building a successful financial life.  

While also utilizing our internal software to help evaluate property value, rents, rent style (STR, MTR, LTR) check the cash flow ratios, plus the ARV potential including the cost of Reno/Repair.The pregame is what most lenders or brokers do not offer because it requires more time offered to the client beyond the 9am to 5pm employee.

(Not implying that was your intent, but there are many on these forums that were sold the financial freedom lifestyle by real estate influencers).