Many investors see Pittsburgh as being more conducive to buy into as opposed to other more saturated markets.

The county knows there is a problem, but to keep the tax roles fat they took no action since none was initiated.6.

So @Randy Stewart  while the valley is saturated with investors, you just need to be better at your craft and leave them behind.So for those so called AZ "wholesalers" reading this, Dick contacted me and is working a deal in my backyard, and if the numbers make sense I will or one of the investors in my group will buy it.

Is the short term rental market over saturated in this area?

You don't want the agent to have fat-fingered 4 bedrooms when it's only 3!

Since the "bonus" commercial cashflow from this value-adding is mostly profit, the ROI should be stratospheric, which also opens the door to refinancing and walking away with a fast fat check at the loan's close.The demand for this type of moderate housing stems from the fact that the county is going to be growing by at least 10,000 residents per year for the next 20 years (I think more), they'll all need a place to live and the established county policy is to channel much of this growth into the urban western county.

Is that market becoming more saturated with the influx of large apartment complexes being built?

I'm from Shelby, NC; I attended UNC-Charlotte where I received my BA in history (I had planned on attending law school at the University of Georgia; however, it seems the market is saturated with attorneys); and I am an operations manager for Steag Energy Services, LLC in Kings Mountain, NC. 

Prices are still at record levels, mortgage rates are double what they were 1-2 years ago, and the market is saturated with people that wanted to jump on the bandwagon.

There is plenty of data on daily rates, occupancy rates, and other factors, however, it's very difficult for a "practical investor" to understand the real potential of cash on cash returns.Looming in the background are the horror stories of AirBNB burning and coming to an end, and how it's very hard to even be cash flow positive in todays market due to saturation and high interest rates.I would be happy if as many people would share a bit of solid economics of their STR investments.