My family sees no end in sight to this trend and it has destroyed all of the cash flow they once received.

The NationsWhy It's Hot: This area has undergone rapid gentrification over the past decade, and the trend isn’t slowing.

Quote from @Deborah Wodell: I've noticed an increasing trend among investors looking for 100% financing or securing 90% financing and then seeking gap funding for down payments and closing costs.

I can look into the assets the notes are attached to, to see if they're in decent shape or even exist if you like...... hope you're able to navigate through this dilemma!

I went through the process, and everything seemed to be in good shape: the inspection came back clear, the appraisal was spot-on, and I was excited to get my first tenant in May.That’s when the problems started.

Also, connecting with local agents or property managers who know the vacation rental market there can give you insights on occupancy trends and what types of properties are in demand.

The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.

Real estate is all about due diligenge, knowing values, knowing repair costs, knowing market trends and current market conditions. 

Barely, but I guarantee they will be in better shape 3 years from now than a 100k property in a high crime area.

They encourage networking, discuss market trends, and discuss development strategies, aiming to support growth in the industry.Good Luck!