There is liability that comes with continuing to acquire more that is often not adequately considered.

The more they have to loose, the greater the likely-hood they will work to continue to keep the home.

We will continue to buy in this market.

Quote from @Todd Anderson: @Damien Davis,Congrats on wanting to continue your REI journey. 

Are you going to continue adding SF's or try something else? 

How bad is this going to continue to hold back the CRE market?

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.

If it continues to be a problem, bite the bullet and change the sofabed.

Saturation is definitely upon us but quality product continues to get booked just like other markets.

If you would like to continue to operate as a short term rental, you will need to submit a new STR application for this property and must go to the Board of Adjustment and be granted a special exception for staff to approve this request for a Type 2 STR Permit.The Board of Adjustment consists of eleven (11) members; you will have to get a concurring vote from nine (9) out of eleven (11) members in order to be granted the special exception.