So, if you can find a deal that works in the current environment you can manage it to be even better as time goes on.

Borrowing money going into a rate reduction environment kinda freaks me out. 

Plus, you'll be contributing to a greener environment, which is always a great selling point.I actually installed solar panels on my own home last year.

There just simply isn’t as much money to be made for the average Host in 2024.This increased competition, lower rates and occupancy, overly optimistic underwriting and lower travel demand post COVID travel boom does warrant a reasonable label such as “Airbnbbust”.TLDRThe environment has fundamentally changed and operators have had to do a lot more than simply list a property to profit heftily.

Liquidity is really important in the current environment.

Peace!

The homeowners of ours that are still winning in this environment are owners of larger, higher-end homes (homes that accommodate 12 or more guests). 

We all want the same thing—to enjoy our living situation and live in peace with our neighbors."

@Michael Penny so we refinanced I think in late 2021, so it was a very different environment.

Hopefully the Sponsor is being very conservative in their returns and this isn't just a tight spread offering in a macro MF environment that is looking precarious.