We are concerned that the new interest rate will create negative cashflow on the rental.

We own an 8-unit boutique hotel and our biggest challenge is keeping our ADR up (or be able to get through our slow season without negatively cach flowing.

Of course if you're highly leveraged you'll be cash flow negative.

Just remember: most negative reviews are written by problematic tenants.

The A/B testing aspect syncs directly with your AirBnb listing.

I don't mean building codes are a negative at all. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

I suspect they won't be able to make it and being a new landlord, don't have any experience with this aspect of property management.

In TN, the tax sale process is a lawsuit the county files in court, so there are attorneys and motions and court hearings on almost every aspect.