I've lived next door to jerk neighbors - bye bye quality of life. 

So slow down the amount of leveraging during peak markets when you cannot find discounted homes to buy.#3  Experience:   Newbies should start slow and learn the ropes before buying $5 million dollar multi-unit with tons of leverage.    

I get $2500.00 a week during peak season and $1,500 a week during the off season. 

I've seen a number of 4-unit properties come on the market that were purchased in say 2004/2005 when the prices were at the peak and it seems like prices have gotten back up to that point and some of these investors are just trying to get out and/or turn a small profit.

We are both W2 employees so we should be pretty simple.We bought the STR as a vacation home and do go sometimes ourselves (usually non-peak season) but it is available for rent all year.We also have one LTR with a signed lease.Want to work with a tax pro who knows STR's/LTRs and how to best do depreciation. 

You’re trying to get into real estate sales at the same time the peak of the market is barely holding on.

I currently have one property that has fluctuated from a primary residence to a rental over the last 10 years (unfortunately purchased near the peak).

Never had to evict, but at the peak of COVID and the recovery one of my clients had a tenant that hadn't paid him in 2+ years due to how backed up the courts were. 

Those that purchased at the peak "expecting" that the prices would continue to climb at outrageous percentages is completely different than investors who know their markets, know the market conditions, buy in the right areas for the right price and have multiple exit startegies.

You don't know when is the peak or the bottom.