Stagnant economy compounded by inflation.Resorts and vacation properties are going to take a hit in a stagnant economy.

My vote would be to let the tenants pay down your loan and use the cash flow to buy OTHER properties, compounding is a beautiful thing at scale.

If they are good deals you will compound your cash flow by using that capital on multiple properties.

Joseph this is a great story that echoes a wonderful sentiment: small daily steps compound over time to get you to your goal.

It took me another 15 years or so to actually "pull the trigger" and get into RE investing, and all I see other than missed learning opportunities is all of that lost compounding of interest.You don't have to go big, but get going! 

Compound interest is crucial for wealth creation and your 20s are the best time to start. 

They turned the whole thing into an assisted living compound for people with neurological problems.

In our state you would lose trying to sue after the fact.. the only thing your entitled to is any money spent to secure the property and keep it from getting damage.. say you patched a roof or replaced a window.. anything past that your out of luck ( at least in our state) so be careful of blowing money on attorneys and just compounding the damage.. not to mention how are you going to collect even if you do win.. 

As you scale and grow your STR portfolio, whether it through acquisition, operations (co-host, property management) or through rental arbitrage..then everything compounds.

Hence the cash grows compounded with nearly no fees.The crowdfunding sites where you purchase equity are out there too.