Many thanks to writer and producer Lena Katz for this guest post.
The landscaping is perfect, the historic buildings perfectly preserved, and the security is tight. Surely this neighborhood is an ideal place to buy a short-term rental home—right?
Not necessarily. Those features, and many more, can be a sign that a neighborhood won’t welcome your investment. Sometimes a neighborhood is just too “nice” to be investor-friendly. There are often regulations galore and lots of overzealous community members committed to keeping strangers out.
Before starting your search, consider these 7 reasons why you might not want to buy your short-term rental home in a nice neighborhood: [Read more…] about Buy a Short-term Rental Home in a Nice Neighborhood? Why not?