The simplicity in your method underscores a vital point: the essence of real estate isn't in perpetual preparation but in taking decisive, informed actions.Your observations hit home—there's a sea of self-proclaimed experts, and the paralysis by analysis is real.

My point is that observing the 2008 GFC it seems like interest rates are a leading indicator for future delinquencies, and that delinquencies tend to lag by about 2 years.Should we expect something similar to happen again in the current market?

Hi Andres, All good questions/observations. 

At least that's my recent observation.

By looking at the demand hotspots in Okaloosa Island, one can identify two demand hotspots, west of Highway 98, represented below: Some observations: The area around Breaker West Condominiums exhibits the lowest occupancy rate, average daily rate, and average stay.The area southwest of Santa Rosa Blvd. features a higher number of Airbnb listings (with +30 reviews in the past 12 months), spread across a larger area.As a result, we will narrow down our analysis in the following sections to the area southwest of Santa Rosa Blvd.

By the way I have observed that comparing to last year same period, comparable SFH is cutting the price 10%.

The latter takes it all but, as he does so, says, “I am taking this only so that you do not think you have failed to do anything.”During the many years the man observes the gatekeeper almost continuously.

Are you observing a similar situation?

I like to remind myself that I am an investor not an observer.

The trend I've observed over my career, having assessed over 1000 MF transactions the focus tends to be predominantly on the Net Operating Income (NOI), rather than the replacement value of the asset.