I didn't conduct a deep dive in to the neighborhood comps but this initial observation points to a pricing issue.

Are you just looking for permit ready plans, custom design, and/or full services that include construction observation?

From what I have observed, often claims of big appreciation are related to LISTINGS and not SALES, and cashflow claims may be one-off outliers vs averages.3. 

However from my observations the squatter occupied properties tend to be in lower barrier markets and I wouldn't personally want to spend my time and effort trying to create value in such neighborhoods.

@Robert Goldman, would you say that those results/issues are based on your location, or is that what you have observed from multiple places/opinions from others?

Although the three regions have different urban development plans and geographies, some growth trends observed in Cancun have been replicated in PDC.

I've observed too many new investors suffer severe losses in recent years by solely relying on the STR model, paying too much for properties, and then being forced to sell them at a loss when economic conditions tighten.The past two years, I purchased over 30 houses in 6 different States, and my strategy of diversifying investment plans has been crucial.

And having been CEO for the last 6 years, and with the company for 10, I have observed some nuance:- The guy with two units in Mississippi sometimes has no debt and has spent 1,000 hours learning, knowing their stuff.

Observe the judges and the people.

Again, I am not a lawyer, so this is just a lay person's observation.