Hello BP community, I'm new to STR investing but recently purchased a townhome in the Florida panhandle (Panama City Beach) that'll have a small backyard after an enclosed fence is built (there is no HOA).

But there there are other factors such as access to shops, restaurants, transportation (freeways, trains), job centers, school districts, access to outdoor spaces and walkability.

Gains are concentrated in healthcare and food services, while sectors like transportation, warehousing, and manufacturing are shedding jobs.

@Elias SaarelaI think if the property is clean, reasonably priced and conveniently located near campus or transportation, it will be easy to fill rooms in a student heavy market like Boise.

Recommend as before you look up State Transportation department land sales.  

If you find one, you can add the cost into rent or collect it as a flat monthly fee.Create a small, secure trash area - A fenced or enclosed spot near the top of the driveway can make things easier for tenants or haulers to manage.Consider small incentives for upkeep - I’ve seen owners give a small annual rent credit or gift card for tenants who consistently keep the exterior clean and manage trash properly.

Industry Diversification & Job MarketKansas City is a hub for logistics, with robust transportation infrastructure and low operating costs.

What is the transportation situation? 

Additionally, there are many strategies to increase profits if you know where to look.Many agents focus primarily on residential sales or leasing for primary homes, which means they often don’t fully understand the nuances of investment properties—things like ARV (After Repair Value), STR/LTR/MTR (short-, mid-, or long-term rentals), market demographics, employment trends, local businesses, transportation, and other market amenities.

Hey @Alexandra Machado Aponte - I have a garage parking space that I rent out to a general contractor, its enclosed with a small lot on the side.