Once you find somebody that is capable of representing you the right way in these scenarios, you will not only make more money but you dramatically decrease your chances of hiccups throughout the process.

Here are a few key points to consider:- **Days on Market**: Yes, the days on market have been decreasing.

And, then, as time passes, because the lifetime of the lease decreases, the real value of the property actually decreases towards 0 until the lease gets renewed and there's absolutely no guarantee that it will.

Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.  

Hard money lending is a possibility, but that decreases my cash flow.

The property must generate $5,712 ($9,037 - $3,325) more cash flow annually to compensate for the higher operating costs in Texas.Overhead costs have a large impact on cash flow.Property Price GrowthAccording to Zillow:Average San Antonio single Family home prices decreased by 2.9% YoY.Average Las Vegas single-family home prices increased by 6.5% YoY.San Antonio and Other Texas CitiesThe challenge with San Antonio's appreciation and rent growth is its unlimited room for expansion.

And with interest rates decreasing and supply normalizing over the next year or so as the area adjust to the new batch of cabins that came online recently, prices will start to go back up again.   

Margins getting thinner.ADRs have actually decreased significantly in my market (Denver) since 2022.

The biggest rent decreases were seen in Nashville (-4.8% YoY), DFW (-4.0%), Denver (-4.0%), and Austin (-3.7%).

My situation: I have an FHA loan at about 5.5% and my understanding is that it usually makes sense to refi once rates are about .5% lower than your existing rate, which means I may need another .75 to 1% decrease in the rate.