It is not real estate investing, it is hospitality and fluctuates rapidly. 

The reasons I've found come to these conclusions about certain occupations over the years are as follows:Self employed - Income fluctuates and almost impossible to collect from after they move.

Pros: -Interest only payments for 15 years -Can pay down the principal if you wish on your own timeline in that 15 years, and leave it open for future use if you want if you want-Whatever available funds are available also function as a rainy day or emergency fund if you see a need (but will need to get paid back, obviously)Cons: -Most are variable rate and fluctuate with the whims of the Fed; standard seems to be around a point above prime (could be better and/or fixed if you shop around)-For future lending, they can hammer your DTI ratio because lenders could base your potential monthly payment on a worst case scenario high interest rate (I was told 10%).

Prices fluctuate all the time.

Pros of Commercial Real Estate:Higher Rental Income Potential: Commercial properties typically command higher rental rates per square foot compared to residential properties, leading to potentially greater cash flow.Longer Lease Terms: Commercial leases are often longer in duration than residential leases, providing more stable income and reduced turnover costs.Triple Net Leases: In some commercial leases, tenants cover property expenses such as taxes, insurance, and maintenance (Triple Net Leases), reducing the landlord's financial burden.Diversification: Including commercial properties in your portfolio can diversify your investments, spreading risk across different property types and markets.Professional Tenants: Commercial tenants, like businesses and corporations, tend to be more professional and stable than individual residential renters.Cons of Commercial Real Estate:Higher Initial Costs: Commercial properties typically require a more substantial upfront investment, both in terms of purchase price and ongoing maintenance and improvements.Vacancy Risk: Finding new commercial tenants can take longer than residential renters, leading to potential income gaps when properties sit vacant.Market Sensitivity: Commercial real estate values can be more sensitive to economic downturns and market fluctuations, posing a greater risk during economic downturns.Complex Leases: Commercial leases are often more complex than residential leases, requiring a strong understanding of legal and business terms.Limited Residential Experience: If you're new to real estate investing, starting with commercial properties can be challenging without prior residential real estate experience.

I am currently 3 years into a 30 year mortgage at a fixed 3.25%.My options for withdrawing $50k of equity would be the following:- 15-year Home Equity Loan @5.5% which amounts to $408/mo- 30-year cash out refi at 3.375% which would add $180/mo P&I to my current mortgage payment (plus the 3 year extension) My DTI is currently 30% and my credit score fluctuates between 780-800.

Interest rates are currently fluctuating due to the ongoing pandemic and economic uncertainty, and the rates offered may also depend on different factors such as loan size, and loan term.

I think the more important question is "will the local area commissions approve the design/construction"...no permit, no carriage house...new construction prices have fluctuated recently, but my guess is you are still in the neighborhood of $150-180/ sq.ft. on something like a carriage house...

There isn't enough space or time in the world to highlight everything, so I'll cover the most essential things that helped me bring in $20,000 in just one quarter:Automation: There are a variety of different companies offering software that assists with Automating the business, such as: - Wheelhouse (ie. the Dynamic Pricing Provider, which automatically fluctuates the Nightly Rate of your unit based on things like Seasonality, Demand, Competition, Etc) Price: 1% of Monthly Revenue OR $20/Listing per Month (decreases with more units)-  Hospitable (ie.

As mentioned contractors schedules fluctuate all the time.