I'm an investor living Oakland, CA where I own 2-3BR units and am originally from Grand Rapids, MI where I recently purchased a studio/3BR duplex.I'm excited to be investing my money back home, but the huge influx of cash buyers here and the quickly saturating market has made finding quality buy and hold deals in GR a difficult prospect.

A few of my family members told me this last weekend I was there and was not aware or some sort of ban the City put on I believe due to the saturation of rentals the city has.

I'm really looking into it as a result of Dallas/Fort Worth area being over saturated with investors.

We are hoping this changes with its first full summer of being an STR.My results are mixed but I do not believe over saturation is the cause of any of our current challenges. 

not saturated yet?

And now that we are not only seeing over saturation of rentals, a bad winter, but going back to pre-covid traffic..... these STR owners didn't understand the HOW, WHY or Goal setting.

Given the discussions I've read about Pigeon Forge, Gatlinburg, and other saturated markets hot tubs are necessary to make good money and get attention.

The market is already over saturated with these types and it depresses the opportunities for all.

This rules out Phoenix.12.A rental market that isn't saturated.13.Taxes and Rental/Tenant laws that are not prohibitive.

i self manage mine and now the market here in Tampa is getting saturated so with the exception of the one with a pool that absolutely crushes it, I'm considering going back to LTR so that i can go spend more time on my boat and less time washing sheets and towels lol.