haha I mean I know that its an extremely popular avenue but I also know that real estate is constantly changing hands.

I live in a popular vacation town in the mountains of Western North Carolina.

Ferd Niemann is a popular lawyer for MHP transactionsMake sure to take your due diligence very seriously and get professional help if you don't have experience here.

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?

Any advice is always appreciated.I have been BRRRR-ing in Milwaukee since 2008, if you look on my BP profile page you'll find a video.

The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique"  start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address? 

These are factored into the mix.In the future, I will suggest that you request a move-out report along with pictures and/or video on what needs to be taken care of. 

In a time of Real Estate where >80% are sitting on sub 4/5 rates, and such a giant % are free-n-clear this should be the strategy of popularity.

But make that police report with the video evidence as the insurance company is going to want a copy.

These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high.