What method of financing did you use? 

How come data driven method did not see that construction costs will only rise?

There is a book in the library called "Low (and no) Money Down" that discusses the various methods of financing purchases.

Real estate serves as the foundation, generating the income needed to reinvest in initiatives that preserve cultural heritage, create jobs, and support community growth.Diversified Value CreationReal Estate Portfolio: Profits from rental income, property flips, and value-add projects fuel the system.Trade Development: Integrating businesses like plumbing companies creates a pipeline for stable, high-paying careers while addressing labor shortages.Cultural Growth: Revenue is reinvested into programs that promote education, workforce development, and cultural preservation.

This method is a little riskier and requires more work from the Property Manager. 

I would look at this venture as some type of vocation (I.e. plumbing, electrician, framer).

I remember seeing this method in many popular books and podcasts.However, the STR world has changed so much ever since with its exponential market growth.

If you get a plumbing bill for $100, that $100 goes directly to the plumber. 

Successful realtors prospect for listings using the same methods as investors.

We host Free Meetups in Boston, Worcester, Lowell, Manchester, Portsmouth, and Biddeford. 3️⃣ BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat):Find distressed properties, add value through renovations, and refinance to pull most of your cash back out.