Out here, the market is DOMINATED by these express, self-service car washes, they have maybe 2 or 3 people working, very cheap. 

Ironically it's much more difficult to buy a quality asset than a cheap duplex, as you are competing with other experienced investors and it may take more time.

Again, a very obvious thing for anyone who understands finance/real estate.If anyone states that someone should buy cheap real estate, they do not understand how fixed costs impact total return due to limitations in top-line revenue.

Top TrackStreamline Hostaway (~$40-45)OwnerRez (cheap but doesn’t have Wheelhouse)Middle Hostfully (cheap)AirGMSBottom Hospitable (cheap) *although we rank this low, it is still a very good app.

BACK IN 2016 CHINA WAS BEING ACCUSED OF USING CHEAP STEEL TO BUILD METAL BUILDINGS.

Many of the lakes have local STR management although not cheap.  

But it's neither cheap nor easy to do.

Being too cheap also may back fire if you end up making 10,000 calls by pulling a list from Propstreams and never closing a single deal in the end. 

If you're looking for cheap stuff with high cashflow you need not travel further than the areas around Camden, NJ, Newark, NJ etc.

Sometimes it makes sense to wait, especially if you will be paying off cheap money with expensive money...Best of luck to you!