What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

We have the demand.

@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.

This imbalance intensifies buyer competition, driving up home prices as demand outstrips supply.2.

Instead of buying at today’s inflated prices, I develop from the ground up, creating built-in equity and higher cash flow from Day 1.If you’re open to new construction, Columbus has great zoning options and strong rental demand.

Research landlord-friendly states with high rental demand and leverage 25% down payments.

Give the PM a demand to make you whole.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

Flipping it will take time if you have to sell.Plus a home like that doesn't lend itself to a LTR unless there is a demand for high end rentals.What I would like to see is some examples of what you are looking at along with basic numbers you have run so far.

Hearing that you get bombarded with inquiries is great to hear and gives me more confidence in my local market for filling a demand.