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.

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.

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

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.   

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

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

Bonus depreciation will decrease to 40% next year, but we are hopeful to see the bill passed to extend the 100% bonus deprecation in the future.

It depends on where you are on the investing phase, everyone will be in a different part and have differing opinions.I was in the growth phase a couple years so I looked to take on more debt to build my portfolio.I accumulated a lot of wealth after all the appreciation over the past 5 years.I am now looking to decrease my debt.Once the debt is paid down, I will be able to get an increase in monthly cash-flow that would have went to interest / principal paydown.Remember the goal is a comfortable living situation and not to acquire more rentals(or another job).

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.