I think the shift in demand is primarily due to (i) locals (within 2-3 hour drive) being more open to travel to further destinations despite the pandemic and (ii) significantly increased STR supply in the market (the number of permits in operations today are apx. 2x what they were early 2020). 

.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

Add $50 for the inconvenience of having to drive somewhere to shower, and you are still saving a ton of money.

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

Your credibility and expertise will drive their decision to partner with you.

And, it drives away competition.

Tax reasons, lower cost of living, wife is Brazilian and has friends already living in Orlando area, beaches and most cities are within a few hours drive. 

With your analytical skills and drive, I'm confident you'll find success in syndication.

The taxes, insurance, legal, upkeep, vacancies will drive you nuts if a few hundred dollars ruins your day. ;-) When foreclosures are common, (which they are not right now), I send out two thousand letters a week.

Replacing three 10,000 gallon tanks (hi-test, regular, diesel) can run $150,000.