Jekyll Island, GAColumbus, GASpartanburg, SCWe are open to any and all suggestions for "hidden gem" affordable STR investment markets!

Got this gem the old-fashioned way - off the MLS - but offered favorable terms (site unseen, large due diligence, waived inspection & appraisal contingencies) and got it under contract at asking (400k) and it appraised.

Mine is a gem, she saves me tons of time and angst.

@Jie Yu  following and hope you able to close on a deal soon@Bob Okenwa   solid detailed feedback. saving this information for future reference going be entering the great phoenix market in 2022 along w/ business partner that live there , i'll check some of your other post to see what gems you have thanks again

Thank you all for these incredible gems!

Also the research analytical gem you just provided is outstanding.

We did not intend on going THAT high, but this house is a GEM, and we believe strongly in the market surrounding The Domain.

Home has been appraised for 250k and remaining balance for payoff is around 30k… I feel as though this would be considered a hidden gem and I should purchase the home and even if it’s around 30k to repair I’d still come out on top  

Plenty of people willing to take on the work an STR requires these days while pushing prices up so high CoC is dismal.If OP's numbers are correct that there are a whole bunch of houses just sitting in that market w/ estimated 68% return, he's either found a gem of a market or he's missing something (STR restrictions on new permits maybe?). 

Wondering if this is a possible gem or seemingly pyrite...