A longer timeline will make paying the extra 2% now more attractive.

Please be aware that the Euro is super weak right now.

For now I have the "idle" cash moved into money market mutual funds.

Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.

It's required now with the new regulations.

Brick and mortar branches scare me right now.

What I do think and this is just my 2 cent opinion is I do not think we will see steep drops, I think we will see some softening in areas over the next few years where we do not get appreciation - which with inflation still going strong will essentially lead to pricing staying the same / lowering slightly between now and 2027ish which with cost of dollar not going as far will be essentially the same as salaries etc. catching up to home prices.Hope that makes sense. 

I'm actually curious to hear what REI nation's impression of the Huntsville market is right now. 

So I wouldn't be concerned about buying quite soon, as things are moving in a good direction...and all the more now that they've assembled a committee that reportedly includes some people who are both more experience with and favorable towards STR.

So now we have some context for what # of lost jobs does stuff get really ugly.