But on the question of refinancing, well no one can predict the future.

But who knows, politicians are even less predictable than Texas weather. 

While I know you can’t predict these things I feel there’s more entitled tenants is certain areas of the country.

Too diffiuclt to predict, better to use the funds to grow.

The negative results are always predictable as is the lack of accountability.

We've found new construction homes to offer more predictable returns, better tenant quality, higher appreciation in values and rents long term, etc. 

Sober living facilities can carry a higher insurance cost plus riders due to liability and likelihood of predictable behavioral issues.

I think a big value for Galveston (despite its warts) is that it is an ideal STR market for a recession/downturn (that hasn't quite seem to come yet despite lots of people predicting it, but it might be finally here). 

Pros Of Long-Term Rentals:Stability and Predictability, Lower Turnover CostCons Of Long-Term Rentals:Reduced FlexibilityPros Of Short Term Rentals:Higher Potential Income, FlexibilityCons Of Short Term Rentals:More Intensive Management

They can offer more predictable income and appreciation over time, especially in areas with growing demand.On the other hand, creating a trailer park could be a more hands-on investment with potentially higher returns.