Additionally, please share if this was a scam or not.

Vacancies can hit hard in the summer if you don’t lock in year-round tenants, and SUNY towns can be seasonal compared to broader rental markets.

I pull permits for removal of load bearing walls, addition of bathrooms or bedrooms, addition of footage.

Rented at $3,215 to a Section 8 Long-Term Tenant instead of a Long-Term Market Tenants for $2,400.

Any additional will be refunded a few weeks after the auction. 

What markets are you looking at?

You can arguably make it work in any market.

Time in the market beats timing the market!

They need a well-designed workspace, ultra-fast Wi-Fi, and long-stay conveniences like a washer/dryer and a fully equipped kitchen.Why This Matters for Your ROI:When your STR feels tailor-made for a specific type of guest, it stands out in a crowded market—leading to higher occupancy, better reviews, and repeat bookings. 

I have looked at other coastal markets that are less expensive than Charleston proper.