Based on equity curve , investment is making sense after we hold it for 18 years only considering zero appreciation…However once we are pro in RE we know we can crush that number by investing properly.2024 would be like 2009, a pivot year!

Turnovers will crush your profits.

If you never start, then you'll never find out.Now, go out there and CRUSH IT!!

I have another STR outside of Morrison, CO, where Red Rocks is, and it absolutely crushes it.

So they could crush it and complete a project on time and on budget but because someone else screwed up they do t get paid?

I see a lot of people who are gonna get crushed as they are buying NPL's based on thinking they will foreclose but the borrower has a high likelyhood of filing BK to keep their equity and people are paying 80 cents for a 3% loan that is a year behind which is insane!

I see a lot of posts on BP from investors who started with a house hack and crushed it, and a lot of others that bought a random cheap rental property and lost their shirt.Random house hack success post:https://www.biggerpockets.com/forums/88/topics/664999-house-...Random bought cheap property post:https://www.biggerpockets.com/forums/48/topics/1137397-balti...The market is just tough right now with prices high, interest rates high, and transactions down, and lots of demand from both primary buyers and investors.  

Maybe a more cunning way to move forward would be to own a motel, maybe with a very experienced motel business partner.Or maybe a Pool Hall, or an LP in a new waterpark, or something like that.I've seen hard times crush men, and I've seen hard times make men refused to be crushed and come back X a ton.It's all in the mind and the will to keep fighting.Many in here have given possible ways forward.It would seem wise to focus on building up a pile of cash again.Talk to your tax consultant about the specifics of your situation too.....Good Luck!

The only point I would maybe add is that in this type of environment only big box landlords and property owners can competeOn the first interview on the BP podcast with Grant Cardone, he specifically said he wants to invest in Blue states because of all the above mentioned items you listed....but that's Grant Cardone he can afford to take on the extra burden that comes with crushing regulation.

I have a place in Denver that does great with mid-term on Furnished Finder, and one in Florida that hardly got any mid-term interest but crushes it on Airbnb.