My answer would certainly be highly dependent on his own emotional make up, his desire to relax and travel, his willingness to delegate and outsource, etc.

This is what happen when an inexperienced landlord try to be transparent and take their business as a job.

That growth is unevenChase JordanFri, January 24, 2025  The ever-growing Charlotte region is home to 3 million people, but the population is projected to swell by more than 50% over the next 25 years, according to local researchers.By 2050, some 4.6 million people will be living in Mecklenburg County and surrounding areas, the Charlotte Regional Business Alliance said in a report released Thursday.

My significant other and I decided to use a builder she had done business with in the past.   

We are a bit flexible on the budget, depending on cash flow/appreciation.

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These people do not have the time renovate property, launch STR and run the business.

I personally believe that a better way to jump into mid term rentals is to take a course on buidling a property management company or cohosting business where you bring your skillset to the table without the intial investment into all the furniture and leases.

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.

The STR model is a different model and where it is at in it's business cycle, the average STR owner is not doing well.