Get out of your comfort zone.

In a high interest rate environment, it's just the reality unfortunately.

All the comforts of home, and not that expensive...

People will give you money only if they trust you and are comfortable with you.As far as getting in front of people - start with those you already know and just be networking all the time, telling everyone what you do and the opportunities you have.

And in the current environment, cash flow is a myth on long term rentals in year 1-2...even in cheap markets.

Todays interest rate environment it is not a bad idea because it will be challenging to get returns that meet your interest rate you are payingIf your loan is 2-3% I would out the money in an account earning 4-5% compared to paying down a 3% mortgage - but I also get the stress relief of having a low mortgage and lots of equity

Mainly a focus on STRs in a beach environment, dealing with lots of regulation, etc. 

The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.

This means that many hospitality properties need to refinance their debt at significantly higher rates in an environment where local and regional lenders have been pulling back.In this podcast with CEO Greg Friedman of Peachtree Group, a private debt and hospitality private equity firm, he states that many hotel projects got shelved during the pandemic and that is bringing on an undersupply situation for hotel properties. 

Durability in harsh environments, long-term value, and integration into existing neighborhoods are all factors to consider.I'm curious to hear your thoughts!