This mindset encourages thorough research, allowing investors to identify emerging markets and trends that can lead to lucrative opportunities.

I haven't seen a discussion about this on the forums yet, and figured I'd start the conversation.In case you missed the news this week, billions in trade came to a screeching halt at U.S.

S8 is a tool, nothing more and all an owner is doing is trading one set of challenges for another. 

Would love for you to come out and network with other local investors, meet some of the trades and see if you can make some connections to help you get started. 

Suggest saving the money though, for possible emergencies, and then paying down the loan at the refinance closing.This may take 12-24 months, so how badly do you want to invest to build wealth?

If you are okay with the trade-off of paying 20-30% in management fees with less tax savings for a more passive investment, then management companies may be a good option for you.

Most repair calls with STRs are "emergencies". 

Similarly, Houston has published statistics to highlight concerns with STRs: the city counts 10,545 short-term rentals and has logged 7,789 non-emergency 311 calls along with 61,167 emergency 911 calls within 300 feet of these properties from June 2023 to June 2024.

What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).

Market Analysis: Continuously monitor new and emerging markets.