One thing I’ve learned in land acquisition is that the approach has to change depending on the market.

How CIPS Has Helped Me So FarAccess to a Global Network: Through my CIPS connections, I can collaborate with real estate professionals in key markets such as Dubai, Portugal, and the Caribbean, where I see strong investment potential.Understanding Foreign Markets: CIPS training provides insights into market trends, regulations, and transaction structures that differ from domestic deals.Opportunities for Investors & Buyers: Many international buyers are interested in New York and Long Island properties, while U.S. investors are exploring opportunities abroad. 

In most markets it is not a linear price increase.  

Quote from @Alex Olson: Kansas City is a great market for Build to Rent and traditional garden style apartment complexes.  

It doesn't sound like you visited the market, the PM, or the seller in these markets.

I'll give you some numbers for the MTRs we manage in Los Angeles.1-2 bedroom MTRs stays are 1-3 months3+ bedroom MTRs stays are 3-6 months, but often start less than 3 months and extend their stayMTR marketing falls in 2 buckets.

Pending property prices in your market perhaps $25,000 is enough to buy a small rental house.

The sales and rental market in SWFL is absolutely terrible.

It also does NOT pay more than market rent.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)