@Elijah WilliamsonYour chances of long term cashflow on a property leveraged to 97% are very slim.

I'm looking for a property in Palm Springs now...but slim pickings :)

Are there several employers (including hospitals) that would have traveling employees looking for this type of dwelling, or is it slim pickings?

If you're financing date the rate and marry the property, the odds of rates being this high forever are slim so there's a high probability you will be able to refinance in the next 2-3 years.

I'm spending a lot of time learning how to analyze properties and finding that the current market offers some pretty slim margins for profit.

The chance that the best possible STR investment property just happens to be at your favorite vacation spot is slim to none.A very quick for example:Option 1 - Best possible STR investment is 300k and produces 45k of Net Income annually.Option 2 - Best STR property in your vacation location is 300k and produces 25k of Net Income annually. 

That really helped my business, it really showed me just how narrow or, slim the wholesale deals are in my city.

If you are trying to create a "Profit and Loss Statement" the following may be useful...I didn't find one on BP as anything officially "BP," and I recently had to create a FS as did my partner (wife).My lender said I was overthinking the format, and after looking at a few examples online I just put together a simple, slimmed-down spreadsheet which included the major expenditure headings (costs of goods, advertising, office costs, etc.) and income that are (or will be for 2021) included in my 1030 C business tax form (and then a "net" total).As long as you are honest with the numbers (and use the best year-to-date figures you can) it should be fine.

The likelihood that you make any kind of profit worthwhile with a simple house with 9 other investors is pretty slim, and hashing out decisions with a raft of other owners is going to become un-fun in a hurry. 

I have found that our rental market is very tight, and the possibility of finding the perfect rental house, with the perfect circumstances is very slim.