Seller financing: Note for $1,350,000.00  - 7% amortized over 30 years with balloon payment after 7 years, interest only. ( I am trying to get the first year at 6% to stabilize then go to 7% remaining 6 years)Property Condition: Above average.

Competition remains strong but it doesn't mean your goal is impossible to reach.

It was apprised in its current condition at $378,000. 

Perhaps it could be a result of the post-COVID market adjustments.More STRs on the MarketInitially, I didn’t feel the competition because my Airbnb is a studio, but since I’ve started working with other Airbnb hosts, I’ve noticed there’s definitely more competition than I thought.

The house, in the condition it is in, is currently appraising at about 350k.

Conducting inspections and due diligence on the condition of a property to derive realistic estimates for repairs is still the key.

You just have to make it more exciting than the competition.

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You can't genuinely expect other cities to not try to create the infrastructure, job desirability, living conditions to impede such progress.

(Reason filthy living conditions) Consult a magistrate prior to posting as it varies by state.