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Old 05-18-2014, 07:42 AM
 
621 posts, read 979,803 times
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There are no significant barriers to entry, no known surge in demand, and no dearth of options in the local market. Whether or not it is worthwhile, depends on your ROI expectations and risk - reward profile of other investment options available to you.

Maybe you can call the local companies to figure out the demand. Maybe you can drive by the parking lots of extended stay hotels. Maybe the local chambers of commerce, etc. might have some relevant data. Not sure of a cost effective and reliable approach to conduct the market survey though. The presence or absence of responses on this board wouldn't be conclusive, one way or the other.
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Old 05-18-2014, 09:47 AM
 
Location: Raleigh, NC
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Originally Posted by North_Raleigh_Guy View Post
I'd say there is a market for it. You will often see people post here who are working on temporary assignment or looking for short term leases so they can explore the area for a few months before settling in on a community to buy a house.
Yes, but only having one bedroom would be a deterrent to most of those looking to explore before purchasing.
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