Part of the challenge of many STR investors who overpaid in the last couple years appears to have been driven by high profile STR dashboards and headlines showcasing unrealistic narratives and/or singularly focusing on gross over net income.

Buy a home, don't have enough money to buy a rentalIn either scenario you own a singular property, it just depends if you choose to live in it or not.  

There is a huge community of investors only buying large apartment buildings to either renovate and make luxury apartments or they are rebuilding to make more singular homes depending on the size of the land.

So the use of classical economics, which is designed for a singular loop system, is now being deployed in a system that has become interconnected too 148 other economic loop's.

Some people also like to sell their smaller multis and exchange them into a singular larger deal.

You've given me a ton to think about, not just in this singular RE strategy I was considering but in my entire investment strategy going forward.

And there is those who are singularly dedicated as listing agent's, honing for decades the skill of how to drive a bidding frenzy on a home, how to twist around buyers agent's etc..

Rents and home values have gone up significantly over the last few years, so it's not like there is no appreciation on the table when buying here.I don't think that looking at a singular data point, likely one that came from a google search or "buzz feed" type article, about the population is an end all be all way to evaluate a market.It's no surprise that Cleveland and other Midwest Cities that boomed in the industrial age (STL, Pittsburgh, Detroit) were over built and have made big course corrections as these industries have largely left the region and moved overseas.  

When I say the value is in the congregation of data and this goes hand in hand with the easy comment, my message was about taking the hard work out of compiling lists and doing all that other bs that comes with wholesaling, so you can singularly focus on qualifying leads and signing contracts.

So, in about 40 seconds of research we find this so-called Property Management Company is only showing as connected with "a" singular person, has NO company website, has NO standard PM software/online systems for landlords or tenant's, is so "noob" that doesn't even have 1, ONE, review as of yet......