Months Supply of Homes for Sale increased 46.7% to 2.2 months                                                                                                          View the full Charlotte report: https://marketstatsreports.showingtime.com/...

It's a econ 101, supply and demand.

Here’s how you can evaluate the investment potential in this area and ensure it aligns with your goals:Local Market Research: Since these are new homes and there isn’t much inventory for 3-bedroom, 2-bathroom properties, you could benefit from a high demand and low supply situation.

Can I write off BOTH the moving truck that I will hire AND my entire cross-country road trip (hotels, meals, supplies, etc.) to get my car there?

It's a great idea in the low debt, moderate supply world.

If you do it all yourself at minimum your looking at probably 5-7k on the kitchen, 2-3k on the bath, 1.5k in the floors unless you are using the peel and stick tiles, close to 500 in pain and supplies.

@Kesha Diaz you shouldn't have to enter anything on your own.Your PMC should supply with a 1099 for 100% of gross income and an annual P&L supporting that income amount with whatever expenses they paid on your behalf. 

The performing lease coupled with supplying your own comps that support it sometimes works.  

STR's are a limited asset class and on the Oregon Coast the STR search is compounded by exponential demand and exceptionally finite supply.  

I am in the same boat and completely agree with you in that the rental market does seem to be changing quite a bit in recent times- much more difficult to get good qualified tenants these days and decent tenants seem to have their pick of the litter - often very flaky and uncommitted because there is so much supply out there.Rent price is definitely a key issue but what's the more likely outcome of a significant drop in rent price below market?