STRs normalizing is a good thing.if someone bought for the short term….shame on them, I wouldn’t have advised that recession or not.STR demand is still growing, albeit not as fast as supply

Closing costs etc are variable based on financing terms and amount financed.

A) dump it for let's say $150K net after taxes vs $240K rehabbed ZestimateB) pull cash out refi and rehab via:B1) my wife and I rehab on the cheap $10-20KB2) from Vegas with my agent's networkof local cheap labor maybe $20-30KC) after rehab would you:C1) rent it to market priceC2) and sell turn key to an investor (agent says buyers prefer duplexes vacant)C3) or play landlord and have tenants pay off the HELOC then refiand pull a mortgage for our primary home the reason for this dealIt seems like we could actually have tenants help pay for our primary home(in theory but there's a lot of variables and the quality of tenants will be low income).My goal turning 55 is buy my 1st Primary Home EVER in my life,so taxed cash vs cash flowing borrowed cash is the conundrum.Agent and office etc. has network of low cost repair people,can do management at 10% if we go out of town landlord,because due to safety, we do NOT want to go back...THANK YOU for ANY opinions :)

Can you tee off 'downstream' of the 3/8 connection to a bigger supply?

I hear concerns of saturation, but I'm not seeing it- Based on demand and the trend of increasing demand VS rental supply.

They stated about two weeks ago and they are running all over the house.I was out of town so I went over on Sunday armed with about 120 dollars in rodent bait and supplies.

Such as the fridge, right now it has water hookup, the thing already leaked once from the supply line.  

Looking at interest rate as the only loan variable limits one’s understanding of financing, possibly to the point that it can be crippling.

There is just too much variability in returns on any single property.

These buyers have to accept (or will discover) lower or non-existent cash flow in the hope rents will continue to rise in the face of all the new supply coming online: When all those shiny new properties start competing for tenants something will have to give and it will be rents, even if occupancy holds initially.