Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

This will effect your ability to obtain financing for quite a few years but may be worth considering.  

The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?

Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly? 

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

Based on my experience, it’s often not worth the time and expense because appeals frequently lead to no change in the tax assessment.

The great thing about BP there are different people with different perspectives and experiences.  

I have lots of experience in all types of single-family investing, small partnerships in multifamily and commercial, and a vast knowledge of construction.

Do not deal with any of the individuals mentioned in this thread:https://www.biggerpockets.com/...I outline my experience and many others weighed in. 

This experience reinforced the need for efficient budgeting and timely execution to ensure profitability.