You also have vacant office buildings that don't get the foot traffic they use to and a demand for housing, so conversion is natural. 

Hello Palmer,Because the STR is subjected to the spring/summer season (April to September) of the rental year, and varies according to traffic during that season, I would be more inclined to trust the property management companies like (Elliott, Thomas, Dunes or Palmetto). 

Go to the city counsel meetings and advocate for your right to own income property and demonstrate your kind responsibility to counter the tide.The cities right outside big metros don't mind STR operators because it brings foot traffic and sales revenue to their cities The mature cities who have been dealing with STR complaints at city council meetings for years and years are searching for a more regulated structure to co-exist inThe trend that should be adopted is STR operators sending seperate Rental Agreements outside of AirBNB and having these Agreements explicitly state "No Parties, No disturbing the peace, etc".

I would consider liability and how the foot traffic would impact my life.

See all those people sitting one to a late-model car they can't afford stuck in bumper-to-bumper traffic, getting paid nothing for it, all worried that they're going to be late to work...again.

They are blindly trowing darts throing a few will stick.So here is my response to this.You can make all the offers you want, but if the seller is not motivated you will get NONE accepted (for the right price).So the key here is you need to make offers to MOTIVATED SELLERS.PPC, Facebook ads, DMM, cold calling Door knocking WILL NOT give you motivated sellers.Organic traffic is motivated!

And mind you I said AMOUNT of traffic, not QUALITY of traffic.

Check to see if you have to install any manholes, fire hydrants, curb, gutter, sidewalks, street signs, street lighting any specific street design or access requirements, Check DOT requirements for access, stop lights and permits, traffic studies, DWQ requirements for permits, permit fees and time frames.Once you have an idea of what you can build and what is required in terms of permitting and infrastructure you want to talk to some civil engineers and commercial general contractors that do the type of projects and build the type of buildings you want to build so you can get an idea of costs, time frame and requirements.

Your own website driving traffic to it from motivated home sellers would be a good idea too.

Click funnels is not the way to find or get motivated seller leads it’s just a funnel to send traffic to and capture leads to send a follow sequence.