Even though this area is the #1 travel destination, they "continue" to overbuild and over supply STRs to the point they have killed the golden goose.

If interest rates remain above 6%, we could continue to see homebuyers and home sellers coming to terms with the ‘new norm’ in mortgage rates.

Oversubsidized overbuilt apartment buildings may continue to keep rent levels fixed or declining. 

I believe Cleveland will continue to grow and be a good market for Investors.

It really depends on what you want your portfolio to look like, and whether this is an easy renter that will continue to increase in profit as the years go on.Chris

From what I've read and watched - what it seems like in this case is you would assign the deal and not be involved...again I'm speculating since I haven't done it myself but I am trying to learn too.Where I think you would probably want to be is having the transaction go into a performance deed where the buyer has to continue to make payments.

Welcome, Aaron.As a fellow MD, I would advise making sure that you are playing defense very well before continuing your RE investing journey.

Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances, and this isn’t one of them) must continue paying rent for the duration of the lease or until I find a new tenant, whichever happens first.

We know have all equity on paper in the new property to continue to scale.

Additionally, budgets have tightened since a lot of the free money dried up and the fast rising inflation has caught up with consumers causing continued downward pressure on prices and occupancy.