However, because I believe it hurt bookings, I only charge the guests $230 and increased the daily rate to make up the difference, which has worked great. 

People weren't renting properties as quickly, and there was an increase in vacancy.

The more impactful thing is the rapidly increasing amount of competition in the form of # of Airbnbs in existence.

I was told by Wagner that the builder is trying to refinance the construction loan as the cost of construction has increased. 

So I did a 3-2-1 buydown and secured a 2.875% interest loan for the first year of the loan, and it will gradually go up a percent each year until it hits my rate of 5.875%!

Whether or not you believe there will be drastic changes, we are already seeing increasing weather events with unusual patterns like the hurricane that whipped through Central (Inland) Florida in 2024.

They’re “meaner” than me so they charge late fees (I get 1/2), file pay or quits, and increase rents faster and further than I would.

Part of that is adding additional cost for increase in building products. 

I plan to start with a multi-unit property for house hacking and gradually expand into more investments.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.