In this type of situation, they want low interest rate with low down payment also.

You’ll pick up so much just by listening to people who’ve been through the highs and lows of the market.

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

Weigh the long-term benefits of the low mortgage rate you have versus selling and getting $500k from a sale exempt from capital gains tax.

THe lender is a credit union and it is a conventional low rate loan.

It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.

This is primarily due to two key factors: low inventory (leading to tight margins) and high interest rates.

Like you said, your maintenance should be very low on BTR.

Low or No House IdentityPeople want to take pride in where they live.

Meaning the low hanging fruit for a new investor might be a little higher up on the tree and fewer and farther between.