Not to mention flipping homes at this price point is a painful proposition.

The heavy cleaning and repair costs after longer stays are definitely pain points but I've seen my clients make it work by screening the tenants more carefully for MTRs, doing bi-monthly checks to catch issues early, and writing clear lease terms about maintaining the property.

We can help you with those pain points via virtual assistants and AI for guest communication, which effectively eliminates about 90% of owner required communication.

We might see a sharp pull back in the next few days to next 2 weeks. 

With that said, I kind of wish we had built as we grew a little earlier because retrofitting has been a bit of a pain. :)Best of luck.

It's also making is such a pain because as buyer's agents we have to call and then to just have someone say it's negotiable (it always has been, but has always been decided by the seller) and just offer what you think is right is a disaster.

Syracuse is poised to experience unprecedented growth, and though competing with other buyers is a pain right now, you have an advantage being right on the ground.

I think of this niche as one with sharp edges.

Keep evaluating deals even if not ready to purchase the next one and keep your skills sharp.

Thanks for the tips @Mindy Nicol, I do think MTR would be easier to manage for me allthough I do have time for a part time job, I see where you are coming from with repair costs and all and STR sounds like it can be a pain (I followed a few groups on facebook and have read horror stories :D ).