It seems to be a pretty natural evolution for many investors.

JUST HERE TO GIVE A QUICK RECAP OF MY 2024 SO I CAN SOMEDAY LOOK BACK AND LAUGH HOW THIS YEAR WAS A NIGHTMARE AND PRODUCTIVE ALL IN ONE LOL FUNNY ENOUGH THE YEAR STARTED ON A GREAT NOTE I WAS ABLE TO GET INTO MY FIRST FIX & FLIP  DEAL  WITH MY WIFE!!

I agree that rates have naturally adjusted with the rise in the Fed rate, and it seems like the 10-14% range may become the new normal for a while.I’m curious—what’s your outlook on how this rate range will impact new investors entering the market?

You should have a good idea of every expense you have in your primary home, then add the STR specific:  (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses. 

Then you could use a DSCR product to cash out refinance into a 30-year mortgage.3.

If you want to hone in on the luxury Nigerian theme, you’ll want to incorporate more boho pieces that use natural materials like rattan, etc.I hope this helps you find a starting point for your refresh!

Haha, not sure about the veracity of some of those comments, but I tend to be skeptical by nature anyway.

A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.

It is not retaliatory in nature also.Is it legal to raise rents on one property and not all of them?   

It's really unfortunate that people flash their wins on internet, and then other thousands of people naturally try to replicate that.