If you think rates will stay high, you might wait for asset values to drop.

Get those appliances on a Labor Day sale or choose a flooring you want and wait for a price drop while you're working the bathroom.

Please drop me a note let me know.

So I knew that once rates went up most commercial props would drop in value or go flat.

The short term rental is more aligned with my long term goals, but it is just skipping ahead by a few years and skipping over the 3 long term rentals I had Initially planned for my portfolio.Do I keep the property and maybe drop the rent under market value, while also coming about of pocket until we find new tenants, or sell and use the equity towards short term? 

I'll drop you a Private Message here so we can talk about specifics. 

You will see less of a benefit to extending that penalty beyond that, and if rates drop before then you would be forced to pay that penalty to get a lower rate. 

My wife and I own a brokerage and Property Management company in the Central Florida area ( DeLand FL ) any questions or help we can provide, drop me a line.Thanks Dave

He also required a double ground at unit even though there was a double ground at the drop (I believe he was incorrect wanting this but it was not hard to provide).  

Once you take those off the salary, it drops quite a bit.