Washer/dryers are often abused, so there's the initial cost of purchase and the risk of increased repairs.

Just as bad as the posts you see from time to time of the grandchild wanting to work out creative financing to buy their grandparents house below fair market value.  

Look at their marketing strategy.

Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

It took more than a decade but I am excited (and terrified) to re-enter the fray.After dipping my toes into the market, I have battled against my paralysis and taken the leap. 

We did this because initially we were just going to build/sell, but I would rather hold on to it.

With a good chance of a recession coming, have cash available to take advantage of the best deals to hit the market in years. 

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

Alas, this scenario didn't last very long, as you would expect in a free market capitalist society -- new money flood in, more STRs in supply, property prices increase, STR incomes decrease, until a new equilibrium is achieved.Nowadays, the word STR is being used to describe both the property and the business.

For me it’s building connections with buyers in a new market.