Overall, the rise of average daily rate and occupancy rate has slowed down, while the number of listings has continued to rise.All in all, the STR market is settling into the trajectory it was on pre-covid, not falling off the face of the earth.

@Arlen Chou  Read Scott Jelinek's Slow Flip book or his audio.

This is a slow leak that needs to be attended to but not an emergency.

Should I move forward or withdraw?

I just wouldn't cover an unlicensed welder. the guy who you are covering for is the problem. or have him get insurance you can get one time policies. it just sounds complicated I'd pass on deals like this to make a few bucks not worth it I'm slowing coming to the same conclusion.

So far so good, Jan/Feb were/are super slow (expected). 

It's a pretty hot market with no signs of slowing down.

I know the city of Miami can be a bit slow with permits but I think it is easier in the surrounding suburbs.

In a similar email from BeyondPricing,"Are you seeing a slow start to 2024?

I took extensive video and pictures when i moved as the house was not, to most people in move in condition, obviously cleaned but very cheap and very old carpet, large areas of rooms that weren't entirely painted weird hardware sticking out of walls, screw holes or remaining screws and nails, several patched but not painted areas, tons of areas with drawing, water, oil marks on the walls (from a centimeter to 1 foot) etc etc!