won't higher-end STRs just have to be sold, to be turned back into traditional non-money making vacation homes, or primaries? 

However, I’m hitting a roadblock with traditional lenders, as my loan-to-value ratio (LTV) isn’t matching their criteria.

This route can help generate more cash flow than a traditional rental and offset holding costs, even if occupancy rates fluctuate.Rehab: Use part of your bonus to address those problem areas for a BRRR approach.

I got to 10 units in the first 10 months (not 10 properties though, some were duplexes) with a mix of 1. traditional financing, 2.

Hello and thank you for this reply - yes, I have been analyzing a few properties - I have found that the main issue for both the traditional long term rental and also short term rental in this area is reliable property management - it is traditionally a cottage country tourist area, but it is becoming more popular for long term residency, and there is an emerging missing middle, because of property prices.

Traditional lender is most appropriate (not hard money). 

More traditional, suburban "Class B" middle class type places.  

Are you only doing private money are you doing asset based/traditional as well? 

Waiting 2-3 years for a rate drop ensures that when you do refinance, it doesn’t cripple your cash flow, and you can cash out without significant risk.Why BRR"R"RR Works in 2024 and BeyondThe Interest Rate Environment: The higher rates we’ve been experiencing since 2022 make traditional BRRRR deals difficult.

Did you use traditional marketplaces like yelp, thumbtack, angi?