If you’re looking for steady rental demand and manageable property prices, it’s worth considering.Best of luck with your search!

So, an investor could easily cashflow right away.Those days are over.Landlording is a long-term play.

What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

They loved it because they got some play money right away and steady income each month without having to deal with toilets and tenants.

This imbalance intensifies buyer competition, driving up home prices as demand outstrips supply.2.

Give the PM a demand to make you whole.

He had other projects that he committed to.Want to play a challenging game?

@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.

Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.