The way to find it starts with testing and challenging yourself and your system.  100% during hot time is one thing.

In todays environment some syndicators might be pushing out into more B- to C areas to find properties in overheated markets so the risk/reward ratio might not be as good as in the past.Not talking about Brian's deals just in generalities.  

No one is going to pay more than 4-5k, and even then finding that tenant is very challenging.

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

I have spent 20 years climbing the ladder working for global corporations and that tends to always keep you challenged. 

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

@Ashish Acharya A big part of my post is highlighting how specific details in local regulations can make it increasingly challenging to operate short-term rentals, even in towns where they’re technically permitted.

If its easy and been easy for a long time, you haven't challenged yourself.

We will meet at different adaptive reuse location each meeting to see the transformation and discuss the opportunities, challenges, and rewards of this strategy.

There is a organization called Mirror Indy who, IMO, has written a couple of great articles about the IHA challenges.