Unfortunately, from a STR prospective it seems like there is less opportunity based on supply/demand and current home prices in the immediate area.

We're starting to see the fallout from this - borrowers cant exit deals without taking a loss but are refusing to accept this.SC seems to be doing OK at the moment, but Louisiana is seeing price declines.

We would love to get some directional help from the community first, so we can ask better questions moving forwards!  

Fast forward two months, and now the property is rented out, so I decided it was time to refinance.

Looking forward to connecting and contributing to the journey!

A lot depends on your entry price and instant equity. 

not an expert at this.. but the few times i have rented STR I don't even look at reviewsI rent by price.. as its usually for a fishing trip and I just want a bed bathroom and close to the lake or river LOl could care less about a review. 

With the run up on RE prices and boom of STRs over last 5ish years people have been led to believe it is easy and leveraging has minimal risk.

That all said, the asking prices are just that, asking prices.

Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?