Quote from @Stephanie Cruz: This is the first post I clicked on this forum and I felt called out, so I added a photo and a bio.

It might help other new investors to know how it was going for something that big on the first go.

@Chris Porter Sorry to hear about this issue.  

Appraisals aren't based on potential.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

This is in Texas and I am not sure if this is 100% correct honestly.

(Current cost to bring in water line is around $140k or a well starts around 40k with no guarantee of hitting water) What made you interested in investing in this type of deal?

Love all of this information.

Ive scrolled thru countless forums, thru BP blogs and even tik toked as close to this question.. 

If some of these owners decide to sell there may be more opportunities to buy properties at lower prices over the next year.