Your post comes off as someone who made a very unsophisticated deal to try to make a tiny spread and wound up incurring costs and liabilities they didn't anticipate.

I have seen a couple of new-build STRs that need refinancing, and they were hard to finance due to their being tiny homes, cabins, rural multifamily (with no comps), etc. 

They are often used to finance large, income-producing properties and offer competitive interest rates and longer loan terms.

I have been asking Scott to produce a one page PDF instruction page on proper maintenance of the DST.2.

When you compare rental prices to actual home prices, or your acquisition cost buying the property to the rental income produced, you'll usually find the ROI higher in Albuquerque.

And I still didn’t base the purchase on the ratio of property to land, but upon the cash flow the property produces.  

My wife has been working with her TC for about 15 years now.. they are invaluable to the high producing RESI agents ..

If not prior to offer, typically a review of financials is part of income producing property or commercial transactions.

The easy path rarely produces a good return.It's hard to build the business when you are just starting out.

Make sure property is “self supporting” meaning sufficient income to produce some cash flow after operating expenses and debt is paid.If one does that, they are set up for a profitable long term hold.If one invests in a prudent manner and is never in a position where they have to sell, they ultimately win.The top or bottom of a market is never known until 6 to 12 months after the fact.I’m a long term investor - my capital is patient.Here’s a question to ponder:If you could buy a property today for $1M, knowing it’s value would drop to $950,000 over the next year but would be worth $1.5M in 5 years, would you buy it today or hope to perfectly time the market and get at $950,000?