We have seen this from multiple STR owners (residentially zoned) who have had to sell and their STR sits on the market for months, maybe years, because investors don't want it and potential homeowners can't afford it. 

It could take many years, don't be like the "investors" I know who have been sitting on the sidelines since 2016 waiting for a market crash that never came. 

All this while I'm sitting outside, sipping my morning coffee, and deciding what I want to do for the day. 

@Mei ZhuThe biggest thing I didn't see on here is to cover your windows so people can't look inside and see it's sitting vacant.

Hi Adam - I'm currently sitting here at my house in Panama (Nueva Gorgona!).

Not only do most investors spend too much time sitting behind a computer polishing off their fancy excel spreadsheets, they rarely walk properties.

You may never collect a dime, but at least it will sit on her credit and prevent her from taking advantage of others or qualify for a loan.4.

My average rent is now sitting at $4300 a month.

As for ourselves, we are always looking, but not buying at the moment as we think our money is better off sitting in a high yield savings account, versus locking in a high rate on a mortgage.I'm not trying to be a nay-sayer - as real estate is awesome.  

Most of the people on BP that I see in the forums don't have tons of cash sitting around