BRRRR is tough right now.  

That seems like a huge headache, managing an STR from out of state and meeting the material participation hours from OOS.

Thats a low LTV but without knowing or seeing the PFS, Returns and previous P&L its tough but if strong 65% even higher should be workable.  

Flipping it tough right now unless you can buy the property direct from the Seller and (hate to say it) lowball them.

We self manage all of our properties...really not tough. 

I just need to give them the tough news about how much I need to increase prices and deal with potentially some leaving.

I totally understand the challenges with deal flow, especially in a tough market.

It's going to be tough for me to go for something in the 70k range.

Auctions can be tough.

In a bear market, it’s essential to buy well below market value and stick to high-demand features buyers are prioritizing.High Inflation: During periods of high inflation, the cost of materials and labor often increases, cutting into profit margins.