My favorite link for the proper order of investments is https://mymoneywizard.com/correct-order-investments/.Jump in.

The areas probed still seemed solid, but be aware that some types of wood destroying fungal damage will only be detectable once the wood has properly dried out.

How many properties do you have and what functionality are important to you?

If you screen your tenants properly, buy the right property and have the right team in place you can be successful.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Probably best to look elsewhere accordingly, as the availability of properly zoned STRs is quite limited.   

The second issue I have with STNL is that if it functions like a bond, then isn’t this a terrible time to buy?

@Glen Michael we charge an onboarding fee to owners, which they ALWAYS complain about, but they don't want to undertand why it's so important.We use the funds to check:1) Ownership: we verify property is actually properly deeded to their name, LLC, etc. - We've found issues where owners was NOT on the deed and was scammed- We've also had to patiently explain to owners that since an LLC owned the property, that the management contract had to be in the LLC name and we needed proof they could sign for the LLC.2) Property Taxes: we make sure we know the status, to avoid tax foreclosure issues.- Took over several properties for an out-of-country owner last year that we're in the midst of tax foreclosure.

It wasn’t until he consulted with a tax advisor specializing in Section 1031 exchanges that he was able to properly navigate the process and save thousands.