I'm a local agent specializing in rentals.

Sponsor has executed this strategy multiple times, management company specialize in this kind of asset-Does the Asset support the business plan?

Hi Rob, I recommend going with an agent who specializes in investment properties.

Specialized policies, contractor recommendations, tenant screening, lease agreements, utilities, and exit strategies are also important.Good luck!

Jay, when we were looking at it a few years ago in a secondary market (this is where we specialize), the EV penetration was not that high.

You have 6 different tenants with different leases and terms (this needs special licensing), you have 6 different move out dates.

Condos can be tough to cash flow due to high HOA fees...and special assessments. 

I’ve spent most of my life in California (SF/LA) and have been in Pittsburgh for only two years, so I’m still getting familiar with the area.Does anyone know of RE agents in Pittsburgh who specialize in STR investments?

Or, are the failed projects going to kingmade investors that have "special" relationships with the lending banks? 

Some attorneys now specialize in these.