That said, the higher prices have had the benefit of shaking loose a lot of what I like to call "good old boy" properties: things held in families for a couple of generations, or owned by older guard investors who have been somewhat out of touch with the market. 

When I scaled up to this volume, I was concerned that we should have been getting more leads or contracts, but these are how the numbers shake out.

I suspect we'll see that happen to many in the coming years as things shake out.There are opportunities to invest with little money down but those opportunities are few and far between and should only be used if you know what you are doing and can handle the increased risk.

Toby, I hear people say this all the time about having great property managers for their rentals in the hood and can't help but shake my head.

The license does help you get into mls properties (which, depending on your market is only marginally helpful- I know in my market once it’s on mls if it’s a good deal you’ll be outbid in two shakes of a lamb’s tail. ) it also gives you networking opportunities and commission opportunities but like others have said, you’ll learn more in the school of life and in this group, YouTube, etc. 

maybe better to sit tight and see what shakes out for a while and be ready when it ticks over and deals are more palatable!

Essentially if you apply for the STR permit, it could get denied due to use requirements for the newly constructed dwelling units.You will have to do some research or make a call or 2 to see how things are shaking out.

Laws are way too skewed towards tenants.Personal attacks are never appropriate.Maybe shake hands on this one.Respectfully,Gary

If you are like some of us who are parking cash until we see how things shake out, this is a good option.  

Nothing special or fancy, no sales/gurus, etc...just good ole' shaking hands & meeting friends!