Also, public REITs come with stock market volatility, and require you to pay a liquidity premium for the convenience of being able to liquidate whenever you want.

Beta measures the volatility of a fund relative to the market by gauging how much the fund’s returns move up or down given the gains or losses of its benchmark market index.

Unlikely with a short term rental but always a possibility.Personally the volatility of the STR market to me seems like an inconsistent revenue stream.

Are you looking for a Core Asset to park money you won't need for awhile in to protect against inflation/market volatility?

I’m no investing guru, but my take...REI has several advantages over stock market (leverage, tax, control) but the one that most don’t really think about is less volatility.

Albuquerque market is less volatile and generally more stable and gradual than other areas like Denver which is on fire.

If you can numb yourself to the volatility you'll do well.

The two most volatile things you can touch.  

If there is very little equity to protect (in this case less than 10%) a second lien holder will often just walk away and move onto the next deal.Due to the risk and volatility, second liens are usually just held by the seller rather than sold to an investor.

With the premium rents we would be in a position to make additional capital contributions monthly to the first mortgage and pay down the balances enough to refi out the "preferred equity" investors.So our question is how volatile are section 8 rents, are they likely to drop if new inventory pushes down market rental rates etc. and how responsive is section to the market?