In other words, are you competing via price vs hotels...getting budget minded clients...or do youhave a particularly attractive location?

We have a very strong track record and I would think would be a very attractive opportunity for people looking to do an exchange.  

It is still an affordable market that continues to attract good jobs.

They finance large multi-family properties with very attractive terms, albeit you'll have more red tape...

Write a check from HELOC so you can use cash option (and make your deal more attractive to seller) and then go through refi when property is ready.  

Majorly improved the online VRBO and AirBnb listings to attract more renters.

Any pointers, ladies and gentleman?

I'd really think that this decision hinges on your assumptions and how you feel about the tenant class you can attract (and therefore your ongoing time investment and CapEx to maintain the property).Anyways, don't you have other options that might generate a bit more equity and/or cash flow?

@Priyanka K.When investigating new markets I look for things like population growth (upward over the last 10 years)Job growth 1% or greaterUnemployment =< national averageper cap income 20KHousehold income 3 times annual rentnumber of households (in comparison to other markets) Favorable government policies (is the local government looking to attract business) those numbers will give me a sense of the macro market.

Would love to hear your feedback on where you think we can attract the most amount of real estate minded people as far as a location standpoint goes.