Because this investment is out of state (I live in WA), I don't truly care where the deal is located, as long as there is population growth and rent demand in the present and future. 

I cant believe you found this is a high demand market like Southie.

The consumer expectations of STR Hosts are not going to drop, as more professional STR hosts enter the market (which they are at a rapid rate), consumers will demand more, and hosts will have to deliver to stay competitive.

Purchase price: $643,000 Cash invested: $5,000 These two 1998 duplexes were bought in a city that is about to see increased demand with the new airport being less than 15 minutes away and with Hunt midwest bringing 3,300 jobs to that city.

What most people are missing is rather obvious - DEMAND will disappear at some point, and then inventory grows, and prices drop.

Part of my reasoning for this is because it seems like more investors are looking to expand out of Charlotte because of the competition, and so Gaston county may become (in fact I think it is already starting to become) a hot spot for investors, both buy-and-hold and rehabbers, which should provide sufficient demand to actively wholesale Gaston county properties.

These things are usually at 60-70% occupancy depending on the demand in the area.

However, the area will be in demand in the next year or two which is why I know it is a great investment for the right price.

In this sense, landlords can learn a lot from the operational tactics used in the hospitality industry.The trick, of course, it to create demand.

Big demand since Covid.