Hi Joshua,Im sure you are a wealth of information in the RTP market!!

You should consider looking into the Memphis market.

The September fed meeting is not go to move the needle as much as people think because the markets have already priced in the rate cut.

Study the market.

Vermont is also considering a state wide occupancy requirement for STR operators which, if passed, would decimate the market.

., other borrowers in your market, contacts for tried and proven contractors, etc).Of all things to do, you should not hide and ignore phone calls.And last but not least, if none of that works, list the property in hopes to recoup your losses and let another investor take over and get out of the project and take the lessons you learned and apply them to the next one.

You can go to Pricelabs.co and subscribe to their market dashboard for your area and see exactly how much other similar properties are earning.

The improvements boosted its market value, leading to a successful sale at $65,000 on 8/21/2024, showcasing our strategic approach and effective project execution.

Researching the best markets and pros and con's to this. 

This particular JV was structured to encourage a quick turnaround by increasing the rate of return if not completed and on the market by month 4.