When rates go down there will be more buyers in the market creating more competition and driving up prices.

You should think about what you would offer with regards to your competition and compare rents.

Competitive analysis is key—understanding your local market, pricing, and what amenities and features guests value will set you up for success.

Also, look for off-market deals, as they often offer less competition and better margins. 

STR Managers do unfortunately require a lot of compensation as STR's are usually a heavy lift for management.

They have a separate URL for longer stays, so you might try looking on there at your competition. https://www.airbnb.com/stays/monthly    One caveat on renting to someone having a house built, it often takes longer than planned, and you have a short definite window to rent (3-4 months). 

This way, you hold onto an appreciating asset without a heavy upfront cash burden.

People think it's inexpensive to install a Washer & Dryer, but getting the gas, electrical, water, and drain/vent there is usually quite expensive.Here in Chicago, we always want to be at the top of the market regardless of the competition, so we almost always install a W/D when we renovate our properties, even in some of the less desirable neighborhoods.

Texas offers a diverse real estate market, from the tech-heavy Austin area to the sprawling suburbs of Dallas and the oil-rich Houston market.

Many people buy these preforeclosure lists and competition can be fierce.