Get listed on all the OTA’s and a direct booking site, use good management software like HostAway, use dynamic pricing software like pricelabs, use WiFi enabled smart locks like Schlage encode, use an email capture system for guests to login to WiFi like stayfi, use those captured emails to do marketing for your direct booking site, and automate scheduling and payments for cleaners and maintenance.

Just one example of a market getting overheated and then right-sizing.Same is going on with syndications, STRs and soon LTRs.BP took off after the Great Recession when investors could buy almost anything and rent it out for positve cashflow.

@Andrew Rodriguez this could be a great learning experience!

I'm exploring potential opportunities in short-term rentals (STR) in West Virginia, with a particular focus on glamping. As I'm new to this domain, I would to hire a consultant to perform some zoning and other due dil...

Unless a different one would be better that you could suggest   If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.

It's great for managing at the property/unit level, but unfortunately, falls short on managing finances big picture once you add more property.

But, the inverse - the wholesaler losing out on a bunch of deals that they could probably sell as the agent if they are truly great at finding people who need to sell - seems way more likely. 

. 😉  Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.

Sounds like a great deal/property.

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