And right now rates are at multi-decade highs after a rapid run up, so the wounds are not only fresh, but the bleeding hasn’t been controlled yet.Mistaken Identity:  If the syndicator on the panel says he prefers floating because he can borrow capital improvement funds, he is talking about bridge debt, which happens to have a floating rate but isn’t the primary characteristic nor the reason people use it.  

I also frequently ask other brokers in this space and exchange lenders so we both grow our networks.

I talk to our local Section 8 office frequently as a property manager and in the begin they made it VERY CLEAR that the minimums are to protect the landlord AND the tenant.Most likely, the tenants are not going to have excess cash flow or savings to cover any of the damage to your "upgrades". 

How frequently are office meetings held?

Gotcha, do the STR insurance policies cover hurricane and other weather events that frequent the coastal areas?

Future investors might consider this and possibly look into local property management solutions if they're not able to frequently visit the site.Recommendations and Networking: Sharing contacts like Jeff Chisum who have proven helpful in your investment journey is beneficial for the community and helps foster reliable networks of professionals.Lessons Learned: Your insights into the challenges of managing a high-elevation STR during winter are invaluable.

I recommend small rent increases every 6-12 months rather than large ones less frequently.

There are different “classes” that have different incomes, emograohics, characteristics, etc.

These organizations frequently maintain directories of its members, which include lenders, contractors, and agents.Make use of social media channels to establish connections with nearby experts.

We try to frequent the gym during the winter (because cold) and the lack of sunlight kills my energy.