A property management company cannot operate using the logic that it hasn't been that cold yet.

Yesir still operating in the MKE market. 

Top Housing Markets for 2025: Cities Where Home Sales Are Set To SoarI operate and invest in Pueblo West and Canon City currently, and it has for sure been a softer market for sales.

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

You will be going up against larger operators with bigger budgets and more experience. 

These operators totally bungled the deal and operation but still made money due to the market.2.

Short-term rentals are becoming oversaturated in certain markets plus anti-STR legislation is resulting in some of those properties also converting to long-term rentals.You already have the operations experience by self-managing.

And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby. 

Hopefully those that stayed on the sideline until the 'time is right' will start underwriting specific deals and recognizing path of progress opportunities that offer multiple operational and exit strategies.  

I have managed STRs for 10 years in Los Angeles, so I understand the business and operations.