In my market, I could easily get quotes ranging from $150ish-$500 per foot, depending on the contractor, their team and specialty and how much of a sucker they thing I am. 

@Sam ChanI know of an off-market tenant occupied portfolio where they're willing to sell individually for 5.99% to investors. 

If not, you can likely request an additional amount to terminate your lease, for your extra trouble in finding a new place, especially if rental market is difficult where you are. 

An investment that is in many companies, reducing the risk of complete wipeout of the investment.Chances are these people you are referring to are invested in a broad market fund, and not in a highly volatile industry specific fund. 

We will need to verify the rents can support the mortgage payment, via a market rent 1007 (if the property is vacant) or a lease agreement (if tenant occupied).

When structured favorably, seller carried transactions can offer lower down payments, below market rates and terms and improved cash flow and cash on cash return.

To your knowledge, you think oceanfront studios are also profitable market for STR?

If you know the game and are scaling up, I would go straight to a 4/5 bedroom. 2 and especially 3 bedroom homes are the doldrums in most markets.

It's a win win for everyone.I don't do property managment, we do free tenant placement for all our investor clients that purchase a house with us.Also you can put it on Facebook Market place for more exposure and then redirect them to the zillow link for more information and application process.I hope that helps.Best Regards,Lily Rodriguez - Investor friendly Broker

Please Please Please send me all those off market deals that I can buy like this and also BRRRR.