We are to far behind and we have no labor force. 

Definitely not doing the work myself so it sounds like resale value won't be impacted if I have a licensed person fix the issue and provide evidence/documentation that it was done correctly.

Implementing a value add strategy, which will raise rents and force appreciation has been an unfair advantage in just about any market condition. 

Each value add step in lumber is a doubling impact.  

That's significant and really impacts margins.

A mild recession is possible, but its impact on housing demand will depend on regional and economic conditions.

let the numbers do the talking, and don't force the deal.

They force you to take instant bookings without any ability to screen guests.

Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

It could impact your home equity and financial security.For a safer and more specialized alternative, consider a Fix & Flip loan.