A little secret about the motel/limited service hotel industry is that most properties are owned by people of Indian ethnicity.

We are sharing all our "secrets" and will have contractors there too.  

Now I shared one if my most secret strategies in the open.

About 3 miles out and hang a hard left or West to Secret Beach

You have all the makings of being able to sell your secret sauce by way of yet another guru seminar upselling program.But, please, don't! 

@John Woodrich- not asking for you to give away your secret sauce,  but where is your dealflow coming from?

I might be inclined to share a little secret here... if your STR is currently in a Covid Zone: consider trying this: - Convert all listings to a 1 month minimum, by the room- Add all appropriate features to suit this- Mark the price up to 2-3x the typical rent, including everything- Sit back knowing that at 50% occupancy your roughly breaking even- Watch as your life gets really, really simple... as you have to work less and less every day, allow your net to drop to about 50% for a while, knowing that you are reducing the risk of Covid spreading in your business, and knowing that you are creating a safe space for those people who were planning to travel, but just want to chill while humanity finds a cure for this thing. 

I don’t have their secret sauce but :You could do a small direct mail campaign with personalized material (since there really aren’t as many multi family deals) arriving on 5th of the month when payments could be pressing and rents past due to a list of landlords with recent evictions, liens, and possibly with out of town owners.Essentially it’s putting yourself in the shoes of how you might have sell something discounted and off market and then reverse engineering the ways you can identify that scenario.

I would say the secret is the Valencia/ Santa Clarita area.

Read more about Texas, Opportunity Zones, and Underwriting Secrets shared by Top Industry Experts in the Real Estate Syndication Round-Up!