I think just about anywhere in northern MI is going to be at least fair to good for STR as there's mushroom hunters in the spring, summer vacationers, fall colors and deer hunters and winter sports.

It is fairly convenient to ski areas for winter sports when rentals are in higher demand. 

I'm particularly passionate about areas that provide cash flow with rental propertiesOutside of real estate, I enjoy traveling, playing sports, hanging with my dog and friends.Excited to learn and connect with you all!

(an objective fact) By comparing yields across different investment vehicles, for many investors real estate is no longer worth: the capital, the work, the risk.You can be bullish in real estate today by saying: I believe the Fed will not increase the supply of new builds to the market over the next decade.

We use a national supply house for everything and do mostly builder grade with upgrades where they need to be at.

Since we do deals all over Florida, we're constantly adjusting based on supply and demand per county, but overall, demand in Florida remains strong.I agree with you.

.$2,000,000 is going to improvements to the riverfront park adding playgrounds and splash pads.Since 2022 a feasibility study has been going on for a regional sports complex boasting 16 soccer/football fields, 8 baseball diamonds, 50 meter indoor pool, gym, track, and waterpark.There are several more project revamping old warehouse building turning them into trendy new dining and retail spaces.

My largest concern is that as we go lower in rate, housing supply will ultimately be unlocked putting downward pressure on rents/asset prices. 

I know lumber has come down significantly and have been reading due to a slow down in the market there is over supply coming from the lumber mills. 

given the above two charts, massive supply x 13 years, falling rent growth rates x 18months, would guess rough times ahead for US Multi-Fam next 2 -3 years, but doesn't look like we are near bottom of the cycle yet?