The pandemic-era surge of new investors has subsided, leaving behind more experienced investors who are carefully evaluating opportunities.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.

However, if you do evaluate a property as an STR, run the numbers as if it were a MTR.

Hi Maria,Finding, evaluating, and securing high-return opportunities in private money lending can be rewarding, especially for beginners.

Currently, based on a market evaluations, I have about 50k equity in the property.

Already spoke to 2 lenders and moving through the process with them, but I want to evaluate more.

I would also evaluate your investment goals and ensure the asset type or real estate in general makes the most sense for what you want to do.

Analyzing market trends, evaluating properties, building a team, staying updated on legal considerations, and using technology can help manage leases and payments.Good luck!

Even if you bought with all cash and did ZERO renovations or capital improvements, just with the missing expenses mentioned above, your cash-on-cash return would be closer to 6-7%.You should re-evaluate the complete analysis to see for yourself.

On another note I invite everyone to apply and then evaluate the applications as opposed to saying No Vouchers or no Section 8.