I'm curious to hear from the experienced folks - finding the right property at below-market value for BRRRR seems very exhaustive, wouldn't they be more motivated to sell a property at market value for less work and more profit?

I'm have trouble getting a quote for fire insurance, due to State Farm pulling out of the market.

Are they getting them in front of off market or pre market opportunities?  

I can tell you that I have not had luck with appraisals in the CLV area, not sure if that is the market you are attacking. 

@Zachary Harr Personally I’ve researched other markets and have decided to just stay locally due to the headache factor of managing teams long distance.

I am a resident of Dallas, TX, interested in entering the San Antonio market.

The key evaluation data points for STR investors are accurate records of rental income and occupancy and/or projections from local mangers and online tools.

In my market that makes the most sense if the numbers work right for you.

Read about finding off market deals and marketing to them; read about making offers and estimating rehab costs; read about building a buyers list; read about the analytics of a good rental property of flip property.

Have a property (new build) in North East SA, rented for a year & unable to rent for almost ~10 months now, selling in this market would incur > 100K loss as impossible to compete with builders.