This is a great learning lesson and I will be much more prepared/ educated to ensure this does not happen again.  

(We pull data from AirDna, STR Insights, tourism data, Airbnb & VRBO, and travel industry reporting)As we prepare for this launch, I would love to get your feedback:- What additional information would make this report more useful for you?

What is the best way to prepare for that conversation?

Always try to double the project budget & time to prepare for the worst.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This month, I added two new properties for this very reason: being local allows me to respond quickly if needed.Being prepared for any situation fosters trust with property owners.

Always be prepared to walk away.For some this is too much, for others this is just part of the game.

Initially signed up for property management for few months before I'm mentally prepared to start self-managing.

Right now, I am reading everything I can and preparing for my next research trip to North Carolina.

What actions are some taking to prepare for change in the upcoming months?

Builders and developers are increasingly turning to leasing as an alternative when they cannot sell homes at their desired price points.To succeed in this market, sellers need to be realistic about pricing and be prepared to make concessions.