Tourism has increased 44% in the past 5 years meaning it is a booming area and still has room for a ton of growth considering it was just established in 1981.  

The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026.”I don’t have a crystal ball here… but logic suggests as rates dip into the lower 6s, and then 5s, potentially into the upper 4s, buyer power will increase.

I am considering doing interest only loans to increase cash flow.

Increase savings by aggressively saving and taking on side hustles.

Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

Rents can be increased.

A new pool and "instagramable" design updates should increase demand and pricing, but it’s all about how that’s being communicated to potential guests.

You'll notice a significant increase on your rates/fees as that loan amount lowers. 

Thanks again.No, this is not my asset class - I prefer a higher quality product, in turn I can capture a higher quality resident/tenant - mitigate turnover and increase ROI :)

Of course it has to level off at some point - but the data shows the net migration increases out paces the housing units in both for rent and for sale.