You will also have more cash on hand to complete rehab projects in fewer draws should it be a rehab loan.When using a higher downpayment you'll be keeping higher equity in the property and can often get a lower rate with lower LTV (particularly with DSCR loans).

This means fewer “rookie mistakes” and more informed decision-making from the start.2.

What will it cost to furnish the unit and keep it stocked with consumables?

Real estate consumers in our area are fortunate to have access to a large pool of talented and knowledgeable professionals who are backed by a strong association. 

I think you'll find fewer than 10% care about this service.

So, is this a sign of fewer people coming to Hilton Head or a broader reflection of the economy?

If you have a time-consuming day job, $950 doesn't seem enough to add to fully self-managing all of them.

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

You might be able to hit your financial targets with fewer units or smaller properties using other real REI strategies.

Make and save as much money as you can, spend as little as you can / avoid consumer debt, and invest in the highest yielding investments you can.