You find better deals; local investors are already making the shift.

I have been shifting my focus towards zeroing in on a market to purchase a STR property, and it seems like local legislation in markets within a six hour radius of where I live hasn’t been in favor of STR operators.

Whether a property is listed publicly or privately doesn't automatically make it a bad/good deal, it just affects the visibility of the deal and more importantly: how motivated the seller is. 

This book offers a non-traditional approach to a mindset shift that is conducive to producing massive results.The Richest Man in Babylon also isn't real estate specific but reading this book multiple times on your climb up the financial ladder yields different perspectives.

@David Neubauer The standard is now shifting toward this 5% down program.

I don’t see a good reason to automatically offer an annual term lease.

This shift by Mercedes-Benz could be a sign of what's to come.

They were noisy and allowed their small children to run around loudly at all hours of the night (dad worked and odd shift so the kids were up at night a lot)... they were in an upstairs unit of a duplex.

Enter recurring charges and automatic late fees.

This strategy allows for a relatively fast recycling of cash and free cash flow.The market has shifted hard and appreciation is not on the same trajectory as it was a few years ago, but it does still exist especially if you can force it. $200-$300k of appreciation on day one on a sub $1M property in the Bay Area is pretty good.