Just make sure you stay the course if you do get licensed and flip.Side note this happens to realtors too that flip.

However we are still on the fence.Just curious to hear how other STR owners are doing and what strategies they are using to stay afloat.

However, all the sold comps are crossed out after following a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

Are you wanting to stay an active investor or get into some more passive investments?

I've had very few vacancies over the last few years since Covid, tenants have been staying put where they are located.

Staying at flamingo island using Marriott points and Hyatt casino using Hyatt points flying business with AF flying blue to Paris in Mag with my wife and 2 kids 45k points each leg, staying at an Airbnb paid cash and in Budapest at the W wirh 6 night cerficatesgoing to Italy in September flying economy in Iberia for 4 people, 25k Alaska points one way ($1000 per person when i checked) staying at the grand Victoria hotel in lake comp with my 3 night Hilton verticales ($1300 per night value) still planning the return and the rest of the trip

Let me know if you have any advice for organizing expenses and projects to stay up to date on the health of the property. 

Yes to all of it.Definitely stay there a few days to find things your cleaners aren't going to notice.You need to create the 5 star experience from the beginning.

Quote from @Erika Williams: Please stay away from Builder Banc!

Not saying to stay away, but with the cons listed, this may not be the one!