Rent: Focus on long-term rentals to generate steady cash flow, with an eye on market conditions for any short-term rental opportunities.4.

The numbers and the ability to participate in a highly underserved segment of the market with Sect 8 and Vouchers made sense.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

The market has turned and they are holding junk real estate.Who suffers?

In that sense STR investors can make markets more efficient by picking up housing units that most typical buyers look over. 

In general, we have found that PMs in cleveland are very expensive when compared to other markets we are in.

Market the property, rent it quickly, enforce late fees, and most importantly, treat it like the business it is without getting personally invested.  

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

Hi AllDoes anyone have experience with Coleman Revenue and Research in the STR marketing/pricing world? 

I started with single family homes in my market, moved to turnkey in other markets and then to multifamily.