However, if you sell and pay the taxes I feel like you will kick yourself in 5-10 years for doing that.I don't have a crystal ball but I think you are in a unique situation being on an island and I don't see your value going down. 

That said, the SFR market is still seeing crazy multi bid offers well over ask but this will not last forever and could come to a drastic halt by years end (or maybe it will not - check with your own crystal ball for details).

Crystal clear conversation up front is vital.   

The problem is, I don't have anyone on my team that knows how to operate this crystal ball I got on eBay. 

@Crystal Smith thanks for this feedback!

We want to invest in a waterfront property in Crystal River/Homosassa, FL area as a STR but now with interest rates, it's not panning out and making it impossible to purchase something sustainable as I'm not confident the rent will cover the mortgage, taxes and insurance, let alone the utilities.

You need to be able to buy in all types of environments, no one has a crystal ball.We're net buyers of industrial NNN, no better time to lock in long term debt...

I wish I had a crystal ball like @Chris Seveney!

Quote from @Crystal Smith: Quote from @John Hall: Hey BPNeed some advice for a newbie who's just getting started.

I think you need to be crystal clear about what you are hoping to gain by becoming a real estate professional.