STR inventory in Pensacola exploded between 2020- and now which has driven down occupancy per unit and in some cases rates. 

Chicago real estate is moving quickly and it's honestly no surprise rents are too...with less inventory for sale that also means more people are forced to rent, which in my opinion would drive up the rent.  

There is plenty of other places to do a STR, too many matter of fact that's why in general STR inventory is saturated. 

Most have only access to limited inventory, they don't have the same fiduciary duty and you have to make sure you don't get taken advantage of.

Vedran Sehovic Hi Vedran,  I did some more research and see that VBRO and AirBnB have a lot of inventory / unscheduled dates.  

Money is expensive to borrow, and prices are high, and there is a lack of inventory, and there is little expected to change in the next year.The take away from that might be that you need to realize that real estate is a long term, cyclic 'game'.  

I'm finishing up a light rehab now; I'm selling a property that didn't work out the way that I thought it would; and I'm trying to qualify an off market lead I've been working for over a year.But with that said - it actually IS a challenging time to invest, with rates and prices high; low inventory; tremendous competition for deals both on and off market; contractors booked up; and more.everything you listed as their objections are VALID. 

The market is on the move with a median sold price of $576,500 and a 5.41 Months Supply of inventory.

Hey everyone, I am a land investor (3 years experience and over 100 transactions to date) who has seen this company in many states but I have never spoken to the owner (even though I called once because I had a lead on a land deal that I thought would fit his inventory and just wanted to wholesale it instead of buy it myself).  

However, the inventory is the piece that distinguishes different local markets from what I've seen in the Metro Atlanta area.https://www.realestatenews.com/2024/01/22/trends-2024-will-w...https://www.realestatenews.com/2024/01/19/inventory-tricklin...