Finding the BEST Homes for an STR? 😇

Summary

When choosing an STR location, hosts should ensure that the permitting process is clear, there are enough active listings to generate consistent revenue, and they can achieve the desired return on investment. When investing in a mature market, the revenue might be higher, but returns will likely be compressed. It may be wise to consider secondary and tertiary markets where the revenue isn't as big, but the returns are better.