Market participants are waiting to see what inflation will portend for the month of March, including bond traders who are staying away from the 2 and 10 yr.

For example, I have a connection in Dallas, TX who purchased multiple STRs in Miramar Beach, FL and claims to only be breaking even, which I found extremely difficult to believe because I also have a connection who owns a one bed, one bath condo in Destin, FL who made $78K in rental income, including the lodging tax and cleaning fees, and was still able to net approximately $35K in 2023.

Just make sure you do your research and understand all the costs involved, including renovations and potential rental income. 

They reflect the overall economy including how expensive it is for investors to raise money and whether they can obtain similar yield from other investments.

@Mike Wood I think you just cleared everything up for me, and why didn't I even think about building codes!?!?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

In my experience, the agent has been the catalyst for other vendor referrals including attorney, contractor, inspector, tenants, etc so selecting one that you feel is well experienced in this space will help you to connect more dots.

The landlord effectively refused your request, since March rent is included in her 'options'. 

Our current portfolio:-Florida SFH: Mortgage (includes HOA and PM company) = $2100.

This was included in the initial contract we signed when we put the $1,500 deposit.