Originally posted by @Efrain Ruiz:I am near the Newberry area and travel to Columbia, Spartanburg, and Greenwood regularly.

I only have experience with regular single-family homes as STRs.

Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.

But Germany's spa and recreation areas like Bad Kreuznach offer tremendous opportunities for excellent and above average returns in the health and wellbeing vacation sector. 

You‘re welcome to join my regular meetups in Bad Kreuznach or Wiesbaden.

But in reality you might just want to think about using a standard savings account And taking a hit from inflation on the cash because the delta from the higher interest account to the regular account is not really that much on small amounts.

I used to live in Tokyo for 6 years and would like to find a reason to go back more regularly but let me know if you want to connect!

It’s not just awkward—it can jeopardize trust, relationships, and, ultimately, the deal itself.Here’s how we ensure success:1️⃣ Weekly Syncs: Regular team check-ins to align on progress and updates.2️⃣ Shared Systems: Use tools like Slack or Asana for real-time collaboration.3️⃣ Transparency is Key: If you don’t know, say so.

Other than a few regular maintenance and wear & tear, we have had minimal expenses.

If you're looking to treat this as a regular rental, then charging undermarket rent throws a monkey wrench in that.