That is the sixth month in a row that the supply of homes for sale has increased.

It probably depends on the specific market and the supply and demand in that market.

My hesitation stems from the fact that I am unable to wrap my head around how this will affect the overall STR supply in vacation markets.

Tenants agree to return the appliances in the condition supplied less any normal and reasonableThe tenant emailed me about two days after moving in and said the refrigerator was not supplied in complete working condition and is demanding I replace it ASAP.

You don't know the law, you don't know how to handle difficult tenants, and you aren't local to work on it.This is what Ohio law says: “The tenant shall not unreasonably withhold consent for the landlord to enter into the dwelling unit in order to inspect the premises, make ordinary, necessary, or agreed repairs, decorations, alterations, or improvements, deliver parcels that are too large for the tenant’s mail facilities, supply necessary or agreed services, or exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.”I would give the tenant a short, direct warning that they have 72 hours to coordinate with the vendor and set a schedule for repairs.

One thing we are doing now is we hired someone to do monthly walk throughs of our properties to make sure everything is in order (not just with the cleaners, but also the TV remotes having batteries, the pool table having chalk etc).

The guy mostly just worked on his golf game and watched TV while he was president.  

Every deal is different, and supply and demand really dictate what we can sell it for.

The builder will need to supply a Cost analysis, Blue print and a few other things prior to the Draw being negotiated and set up.The land that you own will act as "Equity" to offset the LTV/LTC so you are off to a good start. 

In the great Alaskagold rush, people made more money selling tools and supplies to the miners than the miners made for their efforts.