STRs have very substantial tax advantages compared to other strategies as long as proper tax planning is done.Let’s start by getting an understanding of how rental property loss recognition has evolved over time.

But when we compare this year's figures to 2019 (the last normal tourism year pre-COVID), we see continued growth. 

Asset Set-up Fee: I've never seen this, but its fairly small compared to the other fees. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

But the ROE is even more drastically worse compared to the past as the value of them continues to rise but income has not.  

Not a bad source but the leads weren't as good compared to the early days.

The meaningful relationships are earned by being a trusted advisor  who provides accurate information even if it means your client will be less competitive on that particular opportunity compared to the buyer who arrives at their purchase number based on bad advice. 

Fewer doors to sell.I would compare loss of revenue to savings in loan.  

If not, CAP rate is a metric, but not applicable as 4 and under are residential and valued by comparable sales.

People would rather focus on acquisitions.I compare it to having children.