Hey everyone,I’m a rookie investor based on Long Island, NY, and I’m currently exploring the idea of starting a salon suite business.

I'm an investor myself local to Scottsdale and currently looking for a project to exit around $1.5-$1.8m I'm also a Realtor and most of my business is luxury investors! 

No, MTR guests don't need or expect Le Creuset or All-Clad luxury pots and pans ...... but that shouldn't give hosts license to raid thrift stores to stock their kitchens, either!

Love that you’re looking into luxury STRs.

For example, you typically would not use an agent selling $250k properties to sell a luxury $2M property and vice versa.

You don’t need a luxury condo to run a profitable midterm rental.

I am planning to buy over time a number of properties at tax sales in Philadelphia. I am wondering if any investor on this forum has done a quiet title action here in Philadelphia. If you have I would appreciate know...

Do you think it’s better suited for B-class or C-class neighborhoods?

In Austin, there are a few channels that consistently produce off-market opportunities, whether you're targeting entry-level flips in 78745 or mid- to high-end areas like Jester, Westlake, or Barton Creek West.Some of the main sources I see working right now:• Driving for dollars in long-term ownership pockets• Pre-foreclosure + delinquent tax leads• Probate/inherited properties• Networking with local investors + RE agents• Builders offloading lots or heavy fixers quietly• Wholesalers who specialize in distressed or dated SFRs• Tracking aging or deferred-maintenance homesI’m in the Austin market daily and the deal flow has been all over the board lately — everything from heavy value-add homes to infill lots to luxury fixers.Curious what type of project you're aiming for — entry-level flip, mid-range, or something bigger?

I’d use solid-surface or entry-level quartz in the kitchen and a prefab vanity top in the bath—both resist stains, heat, and tenant wear better than laminate without jumping to luxury.