We have a unique business model that works very well for many investors if it fits their goals, but we are most certainly not the right fit for all investors. 

And on balance most investors (upper middle class and below) would be better off investing on there own in smaller deals. 

Every dollar lost to expenses is one less dollar in your pocket.Another important consideration is that investors rarely sell performing assets.

A lot of new investors chase ‘hot markets’ for appreciation, but I’ve heard over and over that consistent cash flow in steady areas is what keeps people in the game long-term.

They honestly might not know much about investor lending.

Interestingly, our local politics is one of the draws for STR investors in this region.Hope this helps provide a local perspective!

If you are open to a neighboring town in Florida and have a good cash position, I recommend reaching out to @Josh Green who is a local investor/investor focused agent and runs a property management company for his clients in the Tampa Bay/St.Petersburg area. 

I also own and manage several investment properties in the area, so I understand both the investor side and the local market dynamics.

I’ve heard of investors doing major renovations under a Novation agreement.

Hey Kyle,I can respect where these questions come from, but the reality is that very few investors do enough foreclosure auction purchases to have a large enough sample size to have the data to answer this.