I keep hearing that costs of labor and supplies are rising (when aren't they?)

As Mitch pointed to, on one hand, STRs are housing supply locally and will likely get looked at. 

In 2017 on these very forums I heard "the market was good in 2013-2016.." expecting a downturn the next year.With the current supply-demand situation in real estate, trillions of dollars printed, lending guidelines, etc.

You can find some absolute MTR gems near smaller hospitals that aren't so obvious but ultimately, housing supply in the area is something I'd say is more important coupled with your amenities.

The Wichita market currently does not have enough supply to meet the buyers need. 

Depending on the number of jobs and number of new development going on in the area it may just be simple supply and demand.

Hey everyone!
 
I’ve been diving into real estate and learning every step of the way. It’s not always easy, but each challenge has taught me something new. From analyzing deals to exploring creative financing, I’m rea...

What I find to be most valuable: Ease of use, cost-savings and efficiency and here's what I mean: If using an interior designer to furnish your rental, they will hand you a list of supplies + furniture to buy and what I was able to do with Minoan is upload that list as a CSV file and then they come back with a quote of all of the items they can fulfill along with their respective discount. 

🏡 Real Estate Market Report (Single-Family Homes)📊 Mortgage Rates:30-Year Conventional: 7.10%30-Year VA: 6.45%💰 Median Sales Price:October: $485,000November: $484,995December: $484,500📈 New Listings:October: 1,959November: 1,498December: 1,175📅 Median Days on Market:October: 22 daysNovember: 24 daysDecember: 29 days📦 Months Supply of Inventory:October: 3.3 monthsNovember: 3.2 monthsDecember: 2.7 months🤔 What Does "Months Supply of Inventory" Mean?

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..