A house doesn't go from 70 to 50 in a few hours unless they open their windows to enjoy some fresh air.

My apprehension stems from the possibility that the elevated borrowing costs may outweigh the potential rental income and tax advantages, making it challenging to replicate the financial benefits I've enjoyed in the past. 

Managing employees is a business in and of itself (a business I did not enjoy!). 

you were blessed with a great investment enjoy it. 

Here's a list of the 15 things we've identified that every STR needs.1 - An extremely detailed HOUSE MANUAL to make it easy for guests to follow the rules and enjoy themselves.

I enjoy attending and presenting to REIC's and meetups to share my 25 years of lending knowledge to help investors start & grow their real estate empires! 

Take one step at a time, be patient, and enjoy the learning process.

I have built hundreds of millions of dollars' worth of practice(s) and have led very large national teams.I have been in my own practice for 4+ years and am thoroughly enjoying it.

1 - Yes the expectation is for you to find traditional commercial financing by then, or ask your friend to refinance if they enjoy the monthly income coming in. 2.

I hope you enjoy it as much as I am.