However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

They will basically be break even though after refinancing at 75-80% LTV with the higher interest rates.

Leveraging a property in todays environment of high interest rates will not get you cash flowing. 

Choosing the right lender for a HELOC (Home Equity Line of Credit) can make a huge difference depending on your goals.

The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.

If someone offered to finance this house to you at your current rates if you put down $250k would you do it?

If Don fails to pay, the bank will certainly go after me, it will at least ruin my credit and will likely take me to court.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

intrest free credit cards and cash How did you add value to the deal?