Of course, it comes with many different challenges.

If you sell, you’ll likely face a significantly higher rate on any future purchase, which could make finding a cash-flowing property challenging.

They would offer a more hands free approach, but eat up the profit in return.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Challenges?

Challenges?

This approach balances guest convenience with managing costs and inventory.Happy to connect and share more tips!

As we move into 2025, these trends are shaping how we approach renovations:Open Floor Plans with Purpose: Open concepts remain a top priority, but it’s no longer just about tearing down walls.

I navigate through cities and towns, identifying areas that are both friendly and challenging for STRs.

Hey Allen, When you approach the finance people, are you being specific in your request?