Here in GA it is a cash sale at the courthouse steps.With all the guru's and TV shows pushing "flip this house" and " a million mistakes were made and we still made money " newbies feel like they can't lose trying their hand at this stuff.In the entry levels flips new investors are overbidding due to lack of experience, construction materials are rising in cost, and contractors are in big demand so they are gouging on what they charge.

More supply could hit the market, for example, or cap rates could expand fast and leave the developer trying to figure out how to rent and hold the units.

It usually bottoms out around January each year.Months of supply for all dwelling types in the GNO area is at 5.7 which is the highest it has been since about 2014.

I would be mad.Just get a charcoal grill and let the guests supply their own charcoal.

And STR is much more involved with high turnover rates so you’ll not only need to post the listing but know how to keep it competitive so that you maximize bookings, of course, furnishing it, keeping supplies, restocked, cleaning, maintenance, And what about consideration to any local STR rules and regulations?  

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply. 

We dont supply washer and dryers- most tenants in our market have their own and we don't get higher rents for having them. 

They started off in the one-off single family home modular designs but in the recent years have acquired facilities across the US to really ramp up supply to meet the demand of the market especially here in LA for developers looking to big large affordable multifamily housing.

@Nancy Bender there are currently 16 active listing in Margaritaville and the supply of listings is almost always higher than other similar nearby resorts. 10 of those 16 have been listed for 60 days or more. 

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