Hope I’m wrong, but everything I’m seeing is pointing to over supply of STRs in the area.

Two bed/one bath, 900 sq ft in Bethany, OK.Total spend:$6075 in supplies (water tank, garage door, flooring, paint)$13175 in labor (two week rehab with full crew) What made you interested in investing in this type of deal?

supply demand I know several people doing build to rent.

July sales were also revised higher, showing builders are finally seeing momentum as mortgage rates trend lower.Minimize imageEdit imageDelete image👉 For your clients: Demand is strong, but supply is tricky.

Are local REIA meetings still the best source, or have you found better success networking directly through local supply houses or hardware stores?

Driving this affordability crunch is the combination of elevated interest rates and soaring home pricesin the post-pandemic boom, although some markets have seen slowing growth in recent months.Click on image to enlargeMeanwhile, the West Coast metros of Los Angeles, San Diego, and San Francisco are the most unaffordable in the U.S. given high demand, supply shortages, and for the latter, proximity to Silicon Valley.Falling near the middle of the pack is Miami, where home prices are 6.4 times the median household income.

STR/MT rental math:Even if each side brings in $2,000/month, gross $4,000 total, you’ll probably net closer to $2,500–$2,800 after cleaning, utilities, supplies, taxes, etc.

Yet the demand is massive, and the model combines consistent cash flow with real community impact.A few quick points:Demand far outpaces supply in most cities.Homes are leased or operated with long-term stability.Many states offer certification programs that build credibility.Done right, it’s a win-win: investors see returns while residents rebuild their lives.I’ve developed and worked with operators across multiple states, and the success stories are incredible.

We have bought properties from these investors with supplies in place that simply ran out of time and money. 

@Kevin Day who told you that you need to supply appliances?