Economists:It is said that there are 4 phases of a real estate cycle: (1) RECESSION (supply greatly exceeds demand and high vacancy rate); (2) RECOVERY (rental growth remains stagnant with little signs of new construction but the economy feels like it is headed in right direction); (3) EXPANSION (job growth is strong and increased demand for housing. 

Seems the demand is still pretty high.

Those cheap areas look good on paper until realize how high turnover costs truly are.

A few things about an assumable mortgage; As you know, in a high interest rate environment, assuming a loan at a lower rate is great for saving on your monthly payments.

Partner Driven was attracted to the Devon Drive deal in Albany, GA, due to its potential for a high return on investment with no renovation costs.

In my market, agents/investors/wholesalers pitching creative financing get this objection as well.They typically have a 2nd offer (usually much lower purchase price) for the owner to be able to accept now and cash out. 

When I was looking to find a property management company to rent out my own house I wasn't getting enough value for the money IMO and I would've loved if they offered an option where they only took care of maintenance and charged a lower percentage.

Hey Mike, I offer a white-glove solution for out-of-state investors for STRs in the Pinellas County area (Clearwater to St Pete). 

On the opposite smaller occupancy often are booking not far in advance of the occupancy.   6 weeks is enough to have high fill rate.  

If they aren't using a professional machine, odds are high that they'll leave water in the pad, causing the place to smell like mildew after a few days.