I’d love to hear your thoughts, especially if you’ve seen these challenges in your market or have insights into how STR investors can navigate this potential shift.

I work 11-12 hour shifts, five days a week, in a demanding role, leaving me with little free time.

If you are talking about NYC investing, that's a different setup, not as streamlined as Westchester.

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.

You should sell it but not until the market shifts.

I worked with a travel nurse who does shift work and 5 lenders said that they couldn’t finance her primary residence purchase and I ended up making it happen for her. 

This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.

Areas that saw population bumps during the pandemic could see milder but significant demographic shifts, as will almost any area where effected residents have family, relatives or property available for immediate longterm occupancy.