I'm pretty sure there are Desi groups wanting to buy a setup like that, they've told me that much and plenty of money on the sidelines looking to invest.The last two set of funders that come to mind are some of your big Pride supporters ...maybe Chip Conley, maybe Peter Theil, maybe Tim Cook, people like that...I'm sure there are a million others. 

It seems like a great time to sit on the sidelines and save up cash for when/if prices drop.

There's no discussion of how to negotiate, how to read a contract, how to communicate with the other side, how to manage multiple offer situations, how to motivate a buyer to get off the sidelines, how to stage a vacation rental, figure out the STR laws, set up a lease ...

It was also the reason why many people decided to sit on the sidelines - uncertainty of where the market was headed coupled with the hope that when the bottom presented itself they could maximize their purchasing power.So where are these deals?

A lot of folks sit on the sidelines right now, running numbers with market rents, and their potential PITI and stop there.

If you're holding out for more than $200 a month cash flow, you're going to be on the sidelines for awhile.

So many buyers with a bunch of capital were sitting on the sidelines.

I would go for the #2 scenario as the market is expected to pick up quite a bit this summer when rates should drop and more buyers that have been on the sidelines come back in and heat it back up.

Some may argue we should just sit on the sidelines for a bit or change our underwriting, but we are not doing either.

There will always be a better house somewhere, but sitting on the sidelines will get you no where.