Real estate is a long game and waiting is the hardest part. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

I guess I just rolled with it because I had 45 days to play the game or call in my chips with a +30% payout to the government.   

Real estate is building wealth via the long game.

Lesson from Radiant Young Adults night in Tampa – "Staying Power"Last Thursday's session reminded me:- Stay consistent- Play the long game- Consistency always beats periodic bursts of intensity- Consistency might feel “boring,” but that’s where growth happensStay the course!

There are a lot of owners that have great purchase prices and 3 to 4% Interest rates that bought 5, 10 or more years ago.If you want to jump into the STR market game now in competitive markets you better run your numbers conservatively and you need an appealing location and property to be competitive. 

Assuming the property owner isn't playing games, why would an independent appraiser inflate the value? 

Hey @Scott Meech - Check out your competition with furnished finder that is where a lot of Medium Turn rentals list their properties.I have a MTR in Chicago that has been decently successful...whatever I have found throughout my entire life and investing career is it is never one property/deal that is a grand slam...Rather, the grand slam is done by hitting many singles and using systems and processes to scale your operation; the combination of scaling and experience in a niche of real estate allows you to hit unlimited grand slams because, unlike baseball, real estate is NOT a zero-sum game.

I understand it's a long term game.

REI is usually a long game in regards to building wealth.