A lot of people seized the opportunity with students because of the medical school but that area is now saturated with over priced student dwellings.There is still a market for STR geared towards tourists but the competition has increased on the tiny island. 

Too many people jumped on the bandwagon with overpriced properties, high monthly payments to amortize and saturation in some markets. 

Some markets are so saturated a house may bring in more as a LTR than an STR.

It has somewhat lost its meaning due to saturation. 

But I agree with@Chris Fleming that the market is slowly becoming saturated with commercial multi family.  

The market in Indy is less saturated compared to Texas, making it a great option for newcomers looking to build a solid portfolio without facing the intense competition.Feel free to reach out if you’d like to chat more about strategies, market opportunities, or just exchange ideas.

We are a group of investors with deep pockets and a saturated local market (Utah is after all the capital of Real Estate coaching).

@Stephen Fydenkevez Mt Snow area being the southern-most large mountain has a saturation of rentals that drives prices down.

There is a ton of saturation in the cbus market not only here on this platform but with investors in general, its a hot, competitive market, but that also means there are a huge number of garbage operators too, so do your due diligence on who you listen too, but again I can't say enough good things about tommy.  

The best markets have been saturated for years (Airbnb/STR got way to trendy) and locals tend to hate them so additional LTR units will be welcomed.