However, I had to pay a premium for the exchange property because the market was so hot at the time.

Market the property, rent it quickly, enforce late fees, and most importantly, treat it like the business it is without getting personally invested.  

Additionally, I am on-call for 4500 units in the area every few weeks, which has given me a unique perspective on the industry.Recently, I took on a second job with the same company as a live-in assistant superintendent.

Rent: Focus on long-term rentals to generate steady cash flow, with an eye on market conditions for any short-term rental opportunities.4.

The market has turned and they are holding junk real estate.Who suffers?

In that sense STR investors can make markets more efficient by picking up housing units that most typical buyers look over. 

Purchase price: $490,000 Cash invested: $150,000 Property generates $4,050 a month income, rents are below market.

I believe you’re intentionally misleading us so as to avoid competition and have the market to yourself.  

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

Especially now that guests have a lot of options in most markets.We used to have it off when it was a lopsided market but now it is more competitive you need to remove as many barriers to renting as possible.