Give me a heads up next time you're in town.

Not all syndications purchase properties with variable rates, if anything the group hit hard are those that raised money during 2021 & 2022 at record low rates and pushed quick turnaround value adds.

Your drive and determination will take you far—keep pushing forward, and success will follow!

Largely, the appreciation in housing prices is coming from both new migrants and investors coming from the East (GTA) as well as international countries (predominately from the middle east).We are also seeing drastic increases in the rental rates which in turn are pushing investment property prices up as well.

Given all your data on historic pricing, average length of stay, and pricing at the 25th percentile, please let us know if you're able to push up the VRBO chain to speak to a Supervisor (or equivalent) and have them verify the data that supports your position.I can share that calling the VRBO support line: 877-202-4291, identifying yourself & property ID, and requesting a Supervisor politely and repeatedly, can lead to different outcomes.

Would definitely recommend finding a partner who can help walk you through this if you decide to move ahead. 

Exciting times ahead in your real estate journey.

I was able to push back and provided more data, he adjusted to $1,335,000.

And DIY repairs are not recommended for other reasons: it will take you much longer to complete, depriving you of rental income, and you run a high risk of your wife becoming your ex-wife.Same risk exists if you push your wife into becoming a Realtor or some other real estate activity just for the sake of tax benefits.

I am hoping this gives me a head start in funding the initial investments.I also have some high balance liquid assets, but I am putting all or most those funds into other investment vehicles to diversify my holdings such as stocks, bonds, etc.