That's probably tied with the myth that real estate always goes up in value!

That way even if you have to cut the tenant loose, you're not taking as much of a loss.

They could put cement in the toilet, rocks down it, they could refuse to leave and leave you tied up for six months trying to get them out or more.

You should be able to get some of the fees cut, etc.

Lots of our clients use Tom Staab from Top Tie Home Inspections.

They then cut sales and that lowers previous home sales by new lower sold comps.  

The jobs report likely won't impact whether rate cuts will come, but could impact by HOW MUCH rates will be cut.

DSCR has slowed down ever since lenders cut staff from Covid and most didn't rehire.

If they require an appraisal, they will likely cut the loan amount, too (standard LTARV is 70%). 

@Marc ShinI'd hire professional management...If it's going to be an STR, you really need it to be top notch, appear top notch, and be managed top notch"Minor updates" may not cut itBut I only have the limited information you posted