Also, very important to consider whether your cleaning team is comfortable with maintaining the hot tub and balancing the PH between each guest.Our cleaning team empties, cleans and refills the water between each stay.

And, if you want to really see how LPs feel in a non public environment, there’s an “LP only” forum on Left Field Investors that discussed “red flag” sponsors that investors won’t work with again. 

Another option is rental arbitrage, where someone trustworthy rents from you and handles it as an STR, paying you a fixed monthly rent.In the end, it depends on what you’re comfortable with and your financial goals.

This lack of sophistication with money leads many to avoid using credit at all and just continuing to operate within their comfort zone.

or buy something with an ADU and you live in the ADU and rent out the main house.the current environment is just tough. 

This particular property already is at 6.9%, so I'm comfortable swapping rates since it was not at, say, 4.5%.

If none of them stand out then I'll take my education and hopefully be more comfortable building out my local team, etc... 

It's exacerbating the challenges with the high rate environment. 

I remain highly leveraged and am comfortable there and am comfortable recommending it to others.

That said, make sure you’re comfortable with the comps and the exit strategy, whether that’s selling quickly or holding for a bit if the market doesn’t rebound immediately.To overcome analysis paralysis, try setting a deadline for making a decision.