The vendor benefits because he does not have to expend resources collecting.

But I think a lot of people look at agents as expendable and they should look at the right agent as part of your team and treat them as such.

Anytime you expend money in hopes of realizing some kind of return in the future, you are investing.

Realtors have suggested that it would take $100k to make if flip worthy, and the return would not be worth the time and effort expended.  

Of course, if it's a rental you shouldn't be expending the same amount as if the property is being sold to an end user.  

As long as they get a little bit of hot water for a shower they probably aren't complaining.To maintain a higher level of rent on a property you will absolutely have to expend more cash to do it... now whether that boils down to a lower percentage of GOI, the same percentage, or even a higher percentage than 50%...

From there large piles of expendable cash could be thrown into other investments which may include the stock market.In reality, the markets changed.

And people that travel to STRs have more than average expendable income. 

Too expensive and way too risky for the dollars expended, to the return.I've also learned most buyers look at fit and finish more than the houses bones.Gary

(however I believe this largely depends on the market trend..so far owners generally give way too high price, unrealistic..).I know someone was able to negotiate lots of Vendor take back deals back in 2002, 04 in BC, she was able to spend minimum capital to expend very fast and was very successful.