If STR means short term rental, the market for that is rather saturated there.

Sometimes you have to think outside of the box @Roman Pak For example if most investors in your area are buying in the 200-250k, I would suggest invest in the 100-200k range where the marketplace is not as saturated with investors.

Based on the cost to get something there now, I'd argue it's not the absolute best market to buy for cash flow because of the saturation of interested buyers.

Some people that bought a STR at too high of a price and found out their market was saturated have had to sell and write a check at closing.However bond yields and high interest money market accounts are guaranteed for now.

@Bryan Johnson Hi Bryan, Pittsburgh is a strong market that attracts Investors looking to find properties where the buy-in is a lot more conducive than other more saturated markets.

How do I know when a market is over-saturated for rentals?

Short term rentals is a pretty saturated market, and getting more saturated every month that goes by

A month later Uhaul announced they were dropping a 100,000sf CC facility next door to the facility I analyzed effectively saturating the market.

Dallas is now severely over-saturated with endless properties underpricing each other.

Hi @Keifer Zhang, I am focused in Philadelphia and do not know an extensive amount about the Cleveland market but numerous articles I have come across have drawn comparisons to the two, less-saturated markets.