Don't give up the pursuit.Fail fast works better in software than in real estate: reset the server, push a patch, etc. 

I wouldn't bet my life on 50%, but I would bet they are more problematic than the typical long-term renter.

These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

How long do they sit on the market, are you finding them in move-in-ready condition, or will they need work before you move in? 

My reviews carry with me for life, maybe I sell these properties but in 15 years I want to start another STR business.

In this era of increased rates, obtaining properties that will produce a good return are harder to find and often involve quite a bit of work.  

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Even with the discount, the investor will be a life style investor who wants to own in PR more than optimize return.  

There is life stages to investing, and the math is clear that strategic debt use, strategic leverage, pyramiding, appreciation, is the wealth generator. 

To succeed with the BRRRR strategy, focus on buying properties at a discount, work with trusted contractors, and plan for refinancing timelines.