I didn’t have MLS access for a while so was adapting to PropStream and the opportunities it brings.

I can also think of advantages like not having franchise fees, national branding issues, rent escalations can be built in to long terms leases more easily since the lessee is a professional, your property is faster and more quickly to adapt to which STR platform is working at any given moment, the lessee is more likely to be financially capable of paying for damage to the unit, etc.

But while fix/flipping you should be saving homes that make sense as rentals in order to offset the times you cannot find a deal.You also need to adapt, I suppose fix/flip is a good strategy in good times also, but for me that is when we build new.OF course I ran into a guy in the Inland Empire of CA a few weeks ago and he is making money building new right now - so..... but he is probably making 30% or so per deal, given the numbers he spoke to me about.

Also I don’t think I have enough assets yet to deal with the headaches(paperworks) of creating the Wyoming LLC and nominee directors with yearly fees on top of each phase.I do see that when I start to become more successful and bigger I may adapt the other more sophisticated models.

&@Chad Urbshott.What Roy described has been used & taught many years in Canada for US RE investment.What Chad said about LLP or LLLP has been adapted by a lot of CDN investors in the last 4-5 years.

This sounds like an Adaptive Reuse project. 

With investors, turkey providers are also adapting.

We continually adapt to the ever-changing real estate market and use the best marketing systems money can buy.

We do have many areas that are appreciating nicely so as your strategy and financial situation changes we have the ability locally to adapt and still be much more affordable than the big cities.  

How adaptable are you on your REI investments?