Quote from @Brian Barch: Ultimately anyone getting into an STR needs to:1) be able to weather the short term (ramp up period, slow months, etc)2) buy for the long termAsking about 2023 is great for discussion sake, so I enjoy the question.

And I'm actually concerned for their viability and ability to survive in the future.

In fact, one article I read claimed that 1/3 of luxury purchases this year closed for cash..It can be frustrating for a buyer to invest (usually months) scrolling real estate websites, (or weeks if you read our newsletter :) but in all seriousness I would say for every two offers made, one transaction ultimately closes. 

That is the question you need to answer as there will come a day when this will happen.Key to owning real estate is cash position, if you have cash available to you, then you can survive the storms, most people go under because they lack cash, not because they lack equity. 

But in my experience most sellers don't know about the AFR rules, and are willing to accept the Buyers terms as long as they ultimately get a price (value) on the property they want.

Start with BiggerPockets Ultimate Beginners Guide (free).

There are legal and ethical ways (that have survived legal scrutiny) to do Creative Financing.

Unfortunately, the proposed restrictions were most likely legal and, I guess, would have survived litigation.

Above that income level the rate climbs to 20 percent.But ultimately it’s  personal decision, loaded with plus and minuses. let us know what you decide to do!

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.