Aside from the equity in the house, the most worthwhile part of buying this property was learning how to do things myself.

I personally think it's more worthwhile to you overall to use your own agent. 

Is your time in college worthwhile or holding you back?

It would be a really worthwhile strategy call vs just calling lenders and see what you qualify for.  

Will you profit enough on you STR to make it worthwhile?

It may be worthwhile to get an attorney for you to also follow along and explain to you what is going on.What state is this in?

You're going to deal with more BS doing str, so you better have a higher CoC to make it worthwhile. 

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense. that's just a bunch of bull from agents and gurus trying to keep their game going... of course price should drop 50%... say today the commeercial loans are at 7%, and cap should be 2% higher to make the risk worth while, so call it a 9% cap.patience... this bs market needs cleansing... and when the time comes, it will be easy picking.no need to play the hard game... my friend

Admittedly he insisted on paying for some of the material upgrades & it was worthwhile.

I say 8 years, cause in HCOL appreciation to equity usually comes up enough to make it worthwhile to trade it.