As far as what I learned, I prefer STR’s and managing it myself vs a PM.

However it has been a boom in construction so I’d say your concerns on overdevelopment or too many units in certain areas being valid.

I've been doing construction and rehab on houses long enough that I have seen the bifold closet doors go from solid wood frame and stiles and hollow core luan-type plywood panels to cardboard frames and stiles and paper overlays.

Dear fellow members, I am confronted with a weird accusation that I haven’t seen in 15 years of managing student rentals.

It is not design/construction drawing accurate.  

Has anyone used VAs (virtual assistants) for help with managing properties and tenants?

This includes construction, materials, labor, permits, and any other associated costs.Negotiate TI Allowance:Landlord and tenant negotiate the TI allowance amount based on the estimated total cost of improvements.

Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

Here's a very small pros and cons list I've made for the area:Pros:Potential for Appreciation: Rapid growth and development can lead to property value increases.Stable Rental Demand: Proximity to Raleigh and economic opportunities ensure a steady stream of potential renters.Desirable Location: Good schools, amenities, and quality of life attract families and professionals.Cons:Market Competition: Increased demand can lead to higher property prices and competition among buyers.Out-of-State Management: Managing a property remotely can be challenging without a trustworthy local team.Economic Dependence: The area’s growth is closely tied to the economic health of Raleigh and the Research Triangle.

We will see if it follows the same trend.Adam - Are you noticing any difference in pricing trends between fresh new construction and existing single family homes (say 5+ years built or older), on Cape Coral?