The risk of dropping revenues in this business is real: as new Short-term Rental restrictions are passed in a city or state, or a furnished rental market gets saturated with units and/or the travel economy weakens, then the revenues and profits in rental arbitrage drop.

How can you tell the market isn't saturated in Jasper?

Becoming a real estate agent wouldn’t really work for me right now because It’d be harder to sustain my life on commissions especially with the market so saturated with agents right now, it wouldn’t be the best option for me in my opinion.

Jordas Reyes Hey Jordas, well I had a few realtors giving me advice on that end as well but I was more interested in the mortgage broker end as I have read since the house bubble there has been an increase in the use of Mortgage brokers and I feel it's a less saturated area than realtors.

@Jennifer Wilson I recall a post on BP a while back that mentioned Destin is now over saturated with vacation properties.

I am hearing from larger PM companies (not just my own) that leasing has definitely softened due to increased saturation of apartments in midtown, and this is also the worst time of year to get stuff leased in the midwest (OK, maybe January/February is the worst).I was able to get really good rents and things rented quickly this spring and early summer, but the length of vacancies started getting longer the later we got in the year, and I have a couple units in the same area that have been vacant for 30+ days with rent reductions/concessions coming.  

It is a great market getting a little saturated with the word getting out.  

This has saturated the market with investors - - any non-member investors seeing this?

STR is starting to get saturated in the middle of and outskirts of town and there is a lot of competition there but I anticipate that investing in traditional vacation areas like the beaches(Pensacola Beach, Navarre Beach, Perdido Key and right downtown) will continue to offer a good return.  

Does the location appear over-saturated with furnished rentals?