I've been studying different real estate strategies and would love to understand more about how the permitting process is evolving in that area.Did the realtor mention any specific changes in local ordinances, or was it more of a general observation based on market trends?

As leases expire and economic conditions shift, the city’s grocery market will likely continue to evolve.

There is a high concentration of those in Texas (about 2/3) but it is relatively similar in most of the markets we lend.

This means having to take a chance and take the property off the market for 2 weeksOption 2- Accept the offer with a provision that allows you to continue to market the property, knowing that there's a chance FHA may not fund the deal. 

I would consider them to be more of a consultancy than a turnkey provider, and as such I think they provide tremendous value.Of course I could do all the legwork from scratch - research markets and properties, find lenders, get home inspectors and insurance and property managers and so forth - but RTR has already done all that and has far more experience and knowledge than I do.

Going DIY and self-managing this type of asset from another state may not be an easy task for such a building and neighborhood, it needs more attention (and probably capital).Try an unconventional approach.

I am not sure if I should stay local to my market.

If market appreciates you can get a HELOC on it or cash out refi in a few years to scale faster.

Can you please share any information on properties or markets where you are that can help guide my search?

You post makes me want to remind everyone that florida isn't an easy market to enter short term rentals.