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.

We rely on these kinds of records to make decisions.

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.

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.

Welcome Nish.You are making a good decision to get into real estate.

It is something I am interested in doing in the future, potentially even this year, but I am curious how to put concrete numbers to this decision.