While this is efficient there are inherent statistical inaccuracies that must be accepted.- Take time to understand what your PMC is doing and ask how much they can modify to your liking. 4) a PMC can't be everything to every owner- If your PMC refuses to address the above or their answers inadequate it's probably time to terminate your relationship with them.

I joined believing the community was here to help its members make such decisions, (smartly), and in some cases, partner together to improve the probability of success (and learning for the newbie!).

This is why both presidential candidates are talking about the need to reform housing regulations on the campaign trail.Construction Innovation: A Call to ActionIt seems that innovation in the construction technology space, and thus labor productivity, is an area for significant improvement.

So maybe that's stacking savings, maybe paying down debt, improving FICO, or maybe it's raising capital, whatever, the details don't matter because there is 101 flavors out there, all that matters is what is your 1-Thing NOW, do that, THAT alone, with fanatical focus like a fat-boy on cake!

For the purchasing process itself, real estate agents, mortgage brokers, and attorneys can help guide you efficiently through transactions, reducing the amount of time you need to spend.Starting with simpler investments like single-family homes or small multifamily units can also help.

Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Consult a Mortgage Broker: Working with a broker who specializes in investment properties can help you find the best financing options and streamline the process.By being well-prepared and informed, you can improve your chances of securing financing for your vacation rental investment.

If you bought down the rate it would take longer for the market to improve enough to make refinancing worth it for you. 

Improving your marketing on Airbnb and expanding to other platforms can help too.For your next move, consider scaling your portfolio by investing in more units or exploring long-term rentals.

I’d appreciate any advice or recommendations to improve this plan!