You get the opportunity to build something that stands out from the competition which can be important in saturated markets. 

In my 9 year experience working with vacation rentals Vacasa is very competitive, and most often outperforms most other rental management companies.Regarding not being able to touch homes in the Central Oregon area under $1M, message me if you would like to see the 100's of homes listed for sale in Central Oregon right now priced under $700k.

Not only are they not cheap, they sell the same lead to 3-4 agents at the same time.If you're going down that road, be prepared to respond to each lead within seconds, not minutes, because your competition will do the same, and you don't want to be the 4th agent calling.

The average #1 ranking of people I have helped get to #1 in about 3 to 4 months.. depending on the market and competition of course.

It has scene over 100% appreciation since I purchased it.

If this was 5-6 months ago I would be upfront and tell you that most 2-4 unit deals are being bought up by cash buyers well over asking, however, the competition has certainly dampened to a degree.

To be very competitive and command the highest rates, it's very recommended to spend about 10-15% of your budget on a good designer who knows the short term rental space.

Tourism is down but so is competition. 

Many budding STR magnates were locked in frustration, not being able to scale their STR portfolio to create the immense wealth and financial freedom that is possible, due to lack of financing options.The SolutionThings improved once "DSCR" loans hit the scene in around 2018.

Hey Sam,The best areas to invest would be those where you have a competitive advantage - especially in this market!