There might be demand, but oversupply in certain areas, like Orlando, is pushing prices so low that it becomes impossible for some property owners to break even, let alone turn a profit.Agents promoting STRs as "good investments" without considering the current market saturation, high operating costs, and potential competition do a disservice to buyers.

Wipes out your reserves.That exact perfect storm happened on a brrrr deal of mine.

Start small, learn to manage and operate, then you can see where you are eventually in the viability of firing your boss.

A solid financial backing demonstrates reliability, making sellers more likely to accept offers from these investors over others.As fix-and-flip investors build a reputation for professionalism and success, they can expand their operations and take on more significant projects.

@Yixiong Pan - If others have the cash to put into deals it sounds like you could form a JV partnership with others where they bring capital and you operate the deal and come up with a split of equity of the purchase.

One is the holding company and the other is the operating company.

The platform aims to streamline day-to-day operations, ensure compliance with local laws and regulations, and provide real-time reporting and analytics.

I never scaled beyond a one-person operation but was doing an average of just under two deals per month over the course of about three years before I shut it down to focus on more passive opportunities and partnerships.

I'm working on building mine with the hopes of eventually dumping my current property manager and curious to hear from others:1.

Fair return is calculated to determine if the owneris maintaining the net operating income produced by theproperty in a base year, subject to CPI-related adjustments.https://www.readkong.com/page/guide-to-oakland-rental-housin...2021 - GUIDE TO OAKLAND RENTALHOUSING LAW