Kissimmee & Downtown Orlando for STRs – Market Overview•Kissimmee is one of the most popular STR markets in Florida due to its proximity to Disney World and other major attractions.

@Susan Kang what is drawing you specifically to these two markets as compared to other great markets in the mid-west?

What we found was only one other person contracted under $200 per square foot for clients and they also built within the city of columbus. the numbers have a much higher premium the closer you get to downtown. if you can't get the numbers to work my recommendation would be to get closer to downtown. we do build to rent development and single family home development and every line item is broken out. on the triples we have to build exterior staircases etc there are some things you can't really understand unless you build a lot. hope that helps but no one is going to build you for 110 a square foot. the lowest cost homes in our market at cost without a profit barely dip into 140 a square and we are in one of the cheapest construction markets and states in the country. 

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable. 

I have tried both, I think it depends on the market you are targeting and the type of leads.

Are you getting the property at market rate or below market rate?

Quote from @Mark Jaskowski: Hello BiggerPockets, I recently got the opportunity to purchase an off market property in Las Vegas about 15 minutes west of the strip.

Any idea how the inflation & high interest rates affected the RE market/s? 

Columbus is a great rental market and we have a ton of opportunities here.