However, I don't think we've yet overbuilt because there are still a lot of hungry house buyers who need more affordable inventory on the market.  

I'm not sure if it is, but don't let that hold you back if you can afford it.Hope this helps!

Cheap PM can't afford to get aggressive....kind of like cheap insurance....it works until you have a claim.Sorry to hear about your issues....good news is that rents are up so chances are you can rent for way more money than you had charged these deadbeats. 

The University itself is large with countless students interested in affordable, off campus housing with a reasonable landlord, and I believe I can provide that.

We hired the best property manager we could afford.

Most homeowners realized more money can be made in STR and switched over to that in order to afford the ever rising taxes.

Rental price won't be as high as Orlando or other bigger nearby cities but is rising and I enjoy investing in lake county because the prices are still affordable for me and rent prices still provides a good cash on cash return at a decent cap rate if you invest right and run your numbers.

Affordable real estate and great lifestyle to switch it up from the West

Once you have a pre-approval, know how much you can afford to purchase and have the cash ready to deploy from the right accounts it is time to locate local professionals such as an agent and start looking to buy your first investment property and build wealth through real estate.

I think, currently anyway, that investors are shifting/protecting their wealth by buying in better-insulated cities like Raleigh/Durham, Charlotte, Greensboro, Austin, Dallas, Columbus, Indy, and anywhere else where there is job growth, population growth, property values are undervalued/affordable and they can find either cash flow or appreciation.So, to answer your question, I think the strategy is to continue to buy in these markets when the numbers make sense and not sit on the sidelines waiting.