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

And in your market the lot costs are so low you need to pay cash for them and may still need more equity/cash.. in higher priced markets were the lot cost might be 40 to 50% of the total cost to build you can get a land advance but your still going to need equity/cash to do those as well.so thats your mission find a captial partner.. or put a syndication together to raise the money and partner to build out the homes.. really going to depend on what kind fo NET NET NET profit is on each home after land a build costs. 

I have a guy I can recommend, I’m in Virginia Beach / Hampton Roads market 

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

He's a stock market guy but the practice works just as ell for RE. 

Pick a market you know, or at least you can learn.

They collect your rent, apply late fees,  deposit your monies into your bank account, market your properties, track expenses, screen your tenants, etc for just a few dollars a month per door.  

The market for sales has slowed down considerably here. 

Two years are too long, they will put it off for the next 18 months and it's also hard to gauge what the market will be like.1.)

It's a European company coming to the US market.