I think we could transition this from a medium term rental property to a nightly property and do well, but that would require more time, money and effort from me which I don't have at the moment as I have just acquired a large campground.

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So, they are often not prepared for large sudden changes.

Only worth it on large mailings. 

.- Property Management: With companies like Champion Investments managing a large portfolio of properties in the area, there seems to be a robust infrastructure for property management, which could be beneficial for out-of-town investors.- Market Knowledge: Local real estate companies like RE/MAX Select, with their 18 full-time agents, indicate a strong local real estate community that could provide valuable market insights.In conclusion, Shelby's real estate market shows potential for investment, particularly given its price growth and strategic location.

Land Use attorneys are usually engaged for large, complex developments (although, again, maybe that's the norm in your market; I'm in California).

If you're adding a lot of value to them that really doesn't make sense for Section 8 in my mind.To be honest, it sounds like you have a large reposition on your hands and will be a difficult and long process unfortunately.

As supply increases, demand decreases, which can eventually lead to lower prices if done on a large enough scale.Unfortunately, many people outside our industry don’t fully understand this.

(i do think that household formation will slow way down in the late 2030s. 

A couple of my investors are looking to invest in this particular market and just looking to get an idea of the average price per acre for large rural farmland properties.