diversification and cash flowSan Jose, CA has been very appreciation heavy... and i'm not opposed to keeping some property here, though the multi-family / commercial real estate has very low cap rates, and low growth from what i'm seeing.

and it doesn't work like that, especially with prices and interest rates high. 

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing. 

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

Trump has said he plans to keep owner occupied rates at 6% through 2026.

What if your occupancy rate is 90%?

Where in a standard market rate rental a stain like that could be handled when you get around to it and the rent would still be due.

They are locked in with a 6% interest rate on a property that we went above asking price on.

I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.