Investing in this deal appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

This meant many people didn't buy deals in the run up to one of the fastest surges in pricing in a generation, if not ever.Regardless, the point is: there are some warning flags.  

Many of the posts here are quasi-commercial/lead-generation in nature.

But if you to a more wise and slow approach, you can find other ways to generate additional income, build up a 25% DP on a duplex that cash flows after all expenses and you have an EF fund, well you will sleep better at night and the odds that your investment will survive the tough times in your life is far greater then someone who sleep well at night with tons of debt who if anything should go wrong, which it does in life that person may be bankrupt. 

Thanks for the info in your post, but if someone has just 1-4 properties and they generate cash flow after expenses of only $500 or so/month, that is $24k/year in cash flow.

Then, I plan to purchase an SMF property that cash flows and repeat that process a few times over until I am able to generate enough income to reinvest to replace my main source of income today.Any specific neighborhoods in the WPB you think will have the best appreciation in the next 10-15 years? 

However it seems that things are changing, even if housing prices settle out in the coming months and years, they still are and still will be at record breaking highs, which has left my generations purchasing power significantly lower than any others.

Investors in Detroit can acquire properties at lower costs and generate significant rental income, providing consistent cash flow.Thanks for your comment.

So I'm on Schedule C .... and my very expensive home ultimately generates a large loss.

However, the current vacancy is hurting your cash flow, the paused refinance poses challenges, and ongoing capital expenditures can be significant.Short Term Rentals: These can generate higher monthly income and offer flexibility to adjust rental rates based on market demand.