Michael Plaks hit the nail on the head with his response.

And head of biggerpockets real estate investing?  

I've purchased 3 furnished STRs, and the math definitely would have been different having to furnish them from head to toe. 

But your own psychology and mindset does matter, and investing in real estate, while not making us wealthy, did give us this back-up plan where we knew we'd always have a roof over our heads and enough of a financial buffer we could figure something else out.

Just a heads-up—bonus depreciation can be claimed up to 60% for 2024, and it will drop down to 40% in 2025, so that’s something to keep in mind as you evaluate your options.I’m not endorsing any particular company, and I don’t receive referral fees for recommending the one I used.

And get a detailed report on their letter-head. 

@Caleb Raymaker there's not a lot of OOS investors looking at Bay City, Flint or Saginaw.Decent amount looking at Traverse City area.Detroit and Grand Rapids get most of the attention.

Our city is experiencing rapid growth and presenting excellent opportunities for investors.I would be delighted to connect and share insights about our current market and turnkey properties.

Can't react to everything and change direction with every new head wind.

But when it comes to watching people say we are headed for a market crash like what happened in 2008, this frustrates me.