For anyone that is looking at developing or purchasing an STR in Packwood, WA I would take a peek at the numbers that are on the rental sites and the amount of bookings. 

There's lots of opportunities in developing neighborhoods, but also seems a bit saturated at the moment.Also, definitely budget security (remote control cameras, alarm system, etc.) for your properties, as there are a lot of people who occupy themselves by breaking into houses and stealing anything they can sell.Lastly, there are a ton of contractors looking for a quick buck.

As RE developers we all know how important it is to hire good, reliable residential contractors. 

It does not pay well for an agent to have a prospective buyer who shows no loyalty by not signing an agency agreement.

And if someone clicks to schedule a showing it has a form to capture there information that goes into a crm that then starts a "prospect tenant" followup campaign including response text instantly to interrupt there search knowing we got there request and check there e-mail where we send followup information, links, directions etc etc. 

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.

Matt--what actions/behaviors did you observe that caused your "spidey-sense" to tingle on this prospective tenant?

I'd rather pay for a platform whose revenue comes from subscription fees because at least they are developing features and functionality for the "right reasons.I've never heard of Digb (what kind of name is that?). 

The economy is stable—no wild bubbles or busts—and the city is attracting major investments.Elon Musk recently built the world’s largest supercomputer in South Memphis, Ford is investing $5 billion into a state-of-the-art truck plant to the east, and the Medical District is booming with healthcare innovation and development.

(FYI - this was an SB9 "two unit development, not an SB9 lot split).