If I wanted to go that way I would really need to travel to where they are being used and spend a week watching how it all goes talk to all the other subs etc etc.. frankly I like some of the panel construction companies on the east coast we dont really have them on the West coast. 

Happy to chat further if you want to chat about investment opportunities specific to West MI. 

Hi Kyle, South Florida is hot for STR, one of my clients just got theirs up and running in a suburb of West Palm Beach.

There are similar ones for San Fran that are even worse: ;t= California is just trailing the mid west /  rust belt/ Deep South that has already been through this the amount of vacant commerical in the mid west is just as staggering as what is happening now in CA.. and it was for the same reasons..

I know of a lender on the east coast who specializes in funding investment construction like this.

In South West Florida, there is the SWFL REIA which in my opinion is a really good group with people that give you access to a lot of valuable information and people you can partner up with.There's also the Collier and Lee County Round table which is a lot more informal and also smaller than the one mentioned above.

land has very little value if existing homes are selling for less than New build replacement costs. which is pretty much half of the US.. and especially in the mid west and rust belt areas.. building lots have value in dense urban areas where new infill is going on in a big way..

In 12209 you want to be on Delaware Ave or preferably west of it. 12208 is the area around Albany Med/Law schools which has a lot of good neighborhoods but prices are higher and cap rates are low.

In WA we just put it the downpayment amount and type of the loan. its common though on the West coast for the listing agents to Ask for pre approval which will then list the lender..