My very inexperienced (in this segment of STR) 2 cents based on what others have said:- If you are sort of in the middle of nowhere it will be hard to fill your calendar from the OTA's alone and on top of all of the other difficulties that would lie ahead make sure you have a clear marketing plan to ensure success.Best of luck!

73% ltv@Garret Rumbea That's great...most lenders I've worked with the last year or 2 have been pulling back on their LTVs in that segment...that's a great LTV (especially if it can still cash flow and generate a high teens IRR)!

Whereas if you have a 8-20ish unit hotel, now you can capture that market segment at scale on one property and spread out the fixed costs.

That segment is generally saturated, and my guess is that the consumer pullback that's occuring right now will likely make this worse.

It’s better to pay in segments tied to completed work milestones to reduce risk and keep the GC accountable.Clear contracts and inspections before each payment are key.

Huge segment of the population is priced out buying. 

The idea that someone from this segment of the working class can meaningfully buy into Apple or Tesla and have some meaningful ownership of these companies is not realistic in todays world. 

They did everything you mentioned except they went up 4 feet to make even drywall segments.

While some markets, like DFW and Austin, are still competitive for well-priced properties, sellers are becoming more flexible with concessions and price reductions in certain segments.

This might work for single family owners with properties on the B+ A segment that how low maintenance but even then I would be worried about rent collection, evictions and delinquencies not being properly attended