Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

Every month you are paying $400/month, almost $5k/year for your properties. 

If this happens for sub 3 months or longer than 9 months, it'll be inflationary.

do you cash flow in month 1 if your rent is $1200, and your expenses for that month are $1198? 

Co-living is how I went from renting a room, Delivering Dominos, no savings, and not being able to qualify for a loan to financial freedom & a $2M net worth in 15 months.  

They have a big event on the second Tuesday of each month and it's a great place to network: https://www.marei.org/ Thanks for the plug Andrew . . .

It may be worth waiting the 6 months to refi into better terms.

Quote from @Devin James: We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month where's the modifications and pictures?

They sit on their *** for 2 months, not a single bite. 

That's $400 cash flow per month, which is pretty good.Your first tenant moves in.