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

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.

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

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 Paul,Charlotte is considered a good market for house hacking due to its demographics, safety, and quality of life.

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. 

Any tips about any step of landing a contract would be much obliged!

Happy to answer any questions on the Jersey City market.  70% of my clients are moving from NYC and it is a great place to invest in.