Many people have bought at higher rates, and have made STRs work in that market.

Evaluate the people behind the investment, analyze operational processes, and understand market dynamics.

Also I think big agency reports like zillow will be what people want you to accept and they just aren't complete in my opinion.

Also, I have been extremely dissapointed with how high prices are to have people work on stuff, and then the cheaper guys seem to have horrible work quality. 

People are happy to answer, even if you are new.

. - held currently in a single LLC Would I be able to sell 3 properties with financing per year and at some point be holding +12 mortgages ?

Hypothetical 1031 Exchange question here for one entity with multiple members: If you have an LLC with three people in it holding a rental and all partners decide / agree / vote to sell...

The space is not very big and I am thinking that more people would be interested in renting it if the bed is there.

I have a meeting with a lawyer in the next few days but I thought it was prudent to also ask for help from people who have already done it.  

However, I would like to know a few things from people that are more experienced:1.