@Jeremy Horton First of all I will like to Congratulate you because you are already doing what many wanna be investors don't do very often (Analyzing Deals).Yes, 90% of great market has been very competitive since March 2020 due to low inventory (The Law of Demand and Supply) and historically low interest rate (money is cheap).Since you did not specify your market, I will suggest you may try any or combination of the following and see it it helps your situation:Increase your down-paymentBe more realistic with CapEx (If property is newer or recently remodeled)Manage it yourself for the first 1 year if possibleIdentify and work with honest and experience wholesalersPut in some sweat equity if you have the risk tolerance and willing to take that route.Goodluck and don't give-up.

The housing seems to be in short supply in the cville area...there is another separate post on the Virginia forum regarding duplexes for sale in cville getting 9 offers within 24 hours and well over asking.

With, supply at an all time low and demand at an all time high, Austin, TX is experiencing nothing less than the equivalency of a modern day gold rush.This doesn't seem to be slowing anytime soon.

Simple supply and demand say that the rates on Bryan STR are about to increase drastically. 2.

I prefer to be the 60-70% occupancy with max income, this reduces my utility bills, cost of cleaning, supplies, and less chances of any issue guests (which hardly ever happen).

Wanted to see if anyone had some tips and advice on how to work with contractors (and get them the supplies they need) when you live in a different city and the property you are renovating is 30 minutes away.

Hey Edward , I recommend to rent a container where you can storage safely all the tools,supplies and valuables.

Even though home price growth accelerated in 2020 due to low mortgage rates and demand/supply imbalance, the economy has not caught up.

There is an UNDER supply of SFR rental. 

Remember to always tell a story, and to supply emotion.