I think the majority of the confusion likely comes from the fact that most all of the builders that have inventory on our marketplace are offering unique incentives like extensive rate buy downs, free PM & maintenance guarantees, up to 10% price reductions or up to 10% cash back, etc. 

People have to really put in the extra work for their clients right now in a low inventory environment.  

Record high prices to buy a property and record high STR inventory coming on line seems to me like a very challenging situation to make the numbers work on a go forward basis… Anyone have advice?

I focus in all new construction where full return of capital is the value. upside for single family and multifamily new construction and developments. value add at every piece of the project. hard to do that with existing inventory.

Will there be new inventory close to your assets that might affect the rents or appreciation. 

The interest rates are too high to support this unless one of those local markets has a little extra inventory.

It is part of the reason it makes sense to refer some notes for a fee and keep others for yourself or your SD IRA as inventory needs replenished. 

These homes also appreciate much more due to higher demand and lower inventory with affordable homes.

Looking at a local service business that currently generates $60k a year with limited owner involvement, no inventory, and very limited equipment required.

All of the inventory I have seen that these TK companies have is in C- or worse areas!