@Chris SeveneyI think those that took short term debt, trying to extend their terms, and now that the 10 yr has shot up, it's gonna be very interesting.

HELOC= short term useFixed (first or second) = long term use like a down payment.  

Whether it’s developing new housing complexes or refurbishing existing ones for higher-end rentals, the opportunities for capitalizing on this growth are vast.The decision by Anduril Industries to set up shop in Columbus is a game-changer, signaling a major shift in the city's economic landscape that savvy investors should not overlook.

Quote from @Michael Baum: Hey @David Rutledge, the purchase of a small hotel is a very different animal than SFHs for STRs.Like @Luke Carl said, you will have to have some significant skin in the game.

Our goal is to have a short term rental business and build it over the next several years.

There are other players in the game to compare with like Kenny Bedwell at STR Insights or Bill Faeth's coaching.

Our season is too short to justify a pool but if I owned property in the south I look into these partial inground pools: https://www.poolandspadepot.co...

Long-term, medium-term, or short-term rentals? 

They would be resistant to a short sale. 

I’m not sure if this is for you, but...If you’re serious about leveling up your real estate game in 2024, there’s no reason not to try this.