It is exhausting to live in a job site and feel like you are bleeding cash, but we've done a couple of times and still think it's a good idea.

about managing rentals before you start bleeding cash and ruining your life.

Takes a lot more work to course correct and stop the money bleed than selling off a stock the next day that I changed my mind on.

You need to stop the bleeding.

As the slow months come I remembered to update you guys, things are going swell, my bookings are slowing down in occupancy but it is outperforming the local airbnbs near by thus far occupancy-wise.

Because there is so many novices who jump into STR without the skill, knowledge, ability to actually operate it and rapidly are bleeding-out.

Chris, Agreed & I see a VERY low probability that interest rates will be in 4s or 5s in 2025, so those deals with variable rate debt will likely continue to bleed.

It really sucks to bleed cash and live in a job site for 2 years, though. 

The numbers just don't pencil, and you'll be bleeding cash more often than cash-flowing.

I am barely looking at them because with my underwriting (that some would consider conservative), even properties below retail bleed cash.