The fact that someone wants to arbitrage your property is a sign that it might be a good STR, but you have to investigate. 

Outside of the kry metrics one needs to evaluate when investigating any market, I also created a list of priorities and nice-to-haves.

I recommend you investigate some syndications.  

@Ray T.Hey Ray, I’ve been investigating the LHV as an investment location for a few years- and dipped my toe in last August with a 3 unit near the NIZ on W.

I ditto the above comments to investigate MTR property managers, as well as tax consequences.

Save the thousand dollars.Look up the SEC investigation @Carlos Ptriawan 

@Shrikant KakaniTo identify the best real estate investment market, investigate secondary and tertiary cities in the Midwest and Southeast.

One red flag is if the property is being marketed heavily by unregistered regular broker , that’s what happened in my Ponzi scheme fraud.as the result of investigation those marketer now has to return all their commission to SEC. but at the end this turn out to be good because asset value is increasing compare if I invest to office building and lost all my money.  

You probably need a lawyer and to investigate the current state of the bankruptcy proceedings.

I'm trying to learn what all I need to be investigating when analyzing a market.