Same on the rental side- demand- will be low, so you have to take on less than desirable tenants, which are costly and time consuming. 

They can handle time-consuming tasks like lease renewals, tenant correspondence, and basic admin work.

Efficiency: AI tools can automate time-consuming tasks such as property searches, fiscal modeling and even property management.

Even if the units you tour aren't the one you eventually buy, walking around the area and getting a feel for the property types will help you be a much more informed consumer when you are ready to pull the trigger. 

This can be time consuming and frustrating to keep track of.

My thoughts are that if it’s in good enough shape I can sell to a consumer buying with a mortgage company or if needs work sell to an investor for a discount to make a profit.

Also, our cleaners will report property issues to us through Breezeway and we manage all of the repairs and consumables.  

Income reserves in excess of 6 months living expenses, no consumer debts, leveraged mortgages with no payment coming out of pocket.

The E-Myth by Michael Gerber- Start and operate your business with the consumer in mind... not you... not your product or service.

@Himateja Madala The STR world can be vastly different from LTR investments and they can consume a lot of your time.