This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.

In situations like this I don’t like to be the test case, give it time and see what people say after 6-12 months

I think there's going to be a serious thinning out of STRs because of the overall market and interest rates, and people just getting fed up with the platforms, unless one of the newer no/low fee platforms takes off. 

So when you close with people, you'll have a chance to scale. 

Long Beach is so fringe oriented and prices are so high that it is pricing out the low income people out.

There have been several cabin fires where people died.

What blew my mind through this process is how people calculate returns.

Since it was a foreclosure and it was right before Covid hit, there were not a lot of people looking at it.

IMO killeen is a solid investment. just have to watch which areas you are getting into. there are some pretty rough areas near fort hood but killeen is great because it is close enough to austin and people commute from there to austin as well. with fort cavazos near by and the new samsung plant coming online in taylor, it is a solid choice with steady demand for MF.

Sounds like if you know and follow the rules you should not only be OK but pretty well insulated from competition (people swarming in and oversaturating)