Short-term rentals tend to do better with cash flow, which is increasingly difficult in a saturated, heavily regulated market.

These condo complexes have been used as STRs since inception so there's little to no chance of that ever changing in the future making this a safe investment in terms of changing regulations.

There’s probably asset protection specialists/firms  who will side with your approach but it’s not practical and they are just  fee collectors. 

Demand for housing in Bali exceeds availability, and favorable construction costs, salaries, regulations, and taxes make Bali an attractive destination for real estate investors.As @Benjamin Werner mentioned owning property in Bali works a bit differently than you probably would expect.

I would appreciate some practical feedback on fixing and flipping REO properties. 

That supply bump has leveled out since 2023 and in 2024 we are starting to see metrics creep back up, albeit slowly.On the regulation front, the City of Columbia passed and reasonable regulation for STRs in city limits as of 10/1/2023. 

Educate Yourself ContinuouslyMarkets change, financing options evolve, and new regulations emerge.

Here’s a step-by-step guide to help you through it:**Understand Local Regulations:**First, you need to check with your local city or county to see if the zoning laws allow for this conversion.

Personally I love reading that isn't a school-style textbook and when its about putting things into practice, I'm all for it!

Most of the leads you generate via cold calls, social media, and other marketing efforts won't transact or even meet with you for some time.Baseball players take dozens of swings in batting practice to prep for just 2-3 good pitches they'll see come gametime.