I will stay all in on STRs.

If you treat the renter (resident) well, provide a well-kept home that you service regularly, and stay on top of any maintenance issues, a resident will likely remain in the house for many years. 

After talking with an operator I felt he was a good choice for a tenant and he mad a great offer above market for the apartment so we agreed.In the past I would usually rent my own units and to stay competitive I would keep an eye on the rentals in the area and try to be one step above if I could....This time that was a little tougher as the neighborhood hasn't gotten very trendy. 

I guess a few others could have stayed to encourage and educate the new investors for whatever reason.

One of my clients just bought a bizz ( new bizz for him) and the owner stayed on and they are running it together.. its manufacturing and I suspect that more prevalent than RE development.

We're going to start attending local meet-ups again and stay active.

The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

It’s a solid strategy if you stay prepared for unexpected costs and keep some reserves on hand.

One of the biggest complaints was the lack of places to stay and the expense for such.  

I agree that efficiency is a huge part of that equation, and the more efficient the PMC, the more they can stay profitable with lower fee structures.