@Eve Favorse the first red flag was the nonrefundable EMD.Would not have even bothered making an offer with the condition.

What market study have they done to confirm the net returns of 10-15%2.

So will more inventory hit the market in 2025, probably, but the key is, is it quality STR inventory hitting the market. 

Capital Markets Commentary– September 10, 2024Good Morning!

The purchase price is $1.45M, with a current rent roll of $13K per month (market rent is about $16K).

There are better more experienced operators out there... don't be swayed by the Brandon Turner marketing machine like I was.

So new kid that bought his system was offered a two hundred bucks MF that was normal appraised for 150k only lol… and expecting that market would just grow , the system is working in 2009 though same thing to what Greg Hugher did in other bankruptcy filing lol

Not much 4 units come on the market that is turn key.  

We have been long term owners for many years and have recently decided to make the move to medium term on 1/2 of our duplex to test the market.

I suspect the jobs market and economic data is going to come to light after the election which will show the economy is not as good as we thought and potentially provide a little more relief on interest rates.