Welcome to BP Chabeli,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

I’d say ‘improving from a low level.’Recognizing the seasonality of inventory levels, let’s just look at June.

Gaining knowledge from seasoned investors and expanding your network might lead to insightful possibilities.A reasonable starting point is to have $25k in cash, but keep in mind that there may be other charges to consider, such closing fees, property management, and unforeseen maintenance.

It will give you the time to adjust your pricing strategy during different seasons and give you time to gather reviews which impacts your booking rates. 

I'm curious how more seasoned pros answer. 

It is only for a season and you can save.2) It would delay you 2 years.

This includes a 4.2% increase in rent costs and a 2.5% increase in homeowner's equivalent rent.New Residential Construction Data: Housing starts increased by 3.6% in May 2024, reaching a seasonally adjusted annual rate of 1.72 million units.

The only exception is when we have "Santa Ana" winds from the East in the fall, which are absolutely glorious days on the coast, but summer tends to be one of the worst weather seasons.

During this period, there is typically less competition from other buyers, as many people prefer to move during the warmer months or avoid house hunting during the holiday season.

Had I fully seasoned it, I likely could have gotten the full amount back.