Mortgage interest rates will remain elevated for a longer time period and I am estimating we won’t be back to an attractive rate - below 6%, where folks storm back to the market and feel comfortable leaving their home w/ a low interest rate mortgage - until the 2nd or 3rd quarter 2025.

First thing I would look at is looking into markets that are expanding or have remained stable for an extended period of time.

I think it's important that new investors who have been listening to podcasts from years ago reset their expectations as to what is possible.House hacking remains the single best way for a new investor to get started.

Essentially they pay for 3 and get 2, and the 3rd night remains bookable in case someone else wants to reserve it.Without that feature available, I would re-institute 3 night weekend minimum, at least in peak times.

is there that much more risk associated to the properties or does it just remain on the shelves for a few more months?

I have an opportunity to take over mortgage payments from a seller for their remaining mortgage where I would be on title, but not the loan.

My remaining mortgage balance is around $94k, so you can see that I’m already facing a significant loss in selling this property.

I think the question still remains.

Sales have remained steady with most inventory not sitting very long.

The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."