However, after dealing with the constant headaches of repairs, complaints, and other issues, I made the decision to shift my focus to larger commercial deals in partnership with others.I have co-founded a coinvesting club, allowing me to diversify my investments across multiple deals.

I would say the condition and age of the property would have a lot of sway in your decision for whether or not it's worth it.

Buying a portfolio might lead you to making decisions you don't have the experience and foresight to make well.

Weigh out all of the pros and cons (including costs) and make the decision that's best for you.These are merely my opinions and may not be the best advice for you.

That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

We rely on these kinds of records to make decisions.

Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.

I took too long to make some decisions regarding design and it slowed me down.

Give sellers the space to make their decisions without rushing the process—trust takes time to build.Listen More, Talk Less: The best closers are the best listeners.