I have decided the market is saturated and am actually selling a large apartment complex in the Dallas area, due to close in several weeks.

It seems like a niche that is quickly saturating. 

What services would you like to see in your unit; new paint, carpet, washer dryer, cable, security, new doors, windows, out side lights, alarmLet them know you want to improve the apartmentsNegotiate with the tenants, agree on a rent increase to cover the up-gradesAs a bonus, agree not to increase their rent for another 2 yearsA gift of a fat turkeys for the holidaysAn end of year bonus for paying on timeA gift certificate for something they may like I consider a tenant a customer, take good care of them and you'll find you will get your rent as agreed.Remember "late charges" increases your net also.Be kind and understanding when tenants don't pay on time, listen to their excuses or problems, you may be able to help them.Tenants are just like us, we all have problems at times, a little leverage, understanding and kindness goes a long way.......they won't forget you.When we have tenants with financial problems I consul with them, we talk about how to earn extra money (that is usually what the problem is...lack of money).I suggest different ways they can earn money without a job; if your tenant is handy; painting, plumbing, roofing, fixing cars, teaching a course, bookkeeping.

Even in a "saturated" market you can make a nice profit on a STR, if your able/willing to put the extra money and time into what guests want and to stand out from your competition. 

A saturated market near me is 55 out of 100.If they had that feature, it would satisfy half the questions on this forum asking "where should I invest?"

From what I've read Tampa and Orlando have become a little too saturated with investors.

@Marsha Fils NJ is a saturated market with little ability to add inventory like many other markets. 

I have seen areas like south Brunswick, North Brunswick and nearby towns and felt they are highly priced and kind of saturated market . 

The reason is because gurus are making newbies come into the business, and now markets are saturated with investors.

The reason is because gurus are making newbies come into the business, and now markets are saturated with investors.