We continued the install because it was really Hot and we didnt want the seller to be without AC.

In my head I ask myself if we should go for one less capital intensive LTR and give a local STR a try (for the tax advantages) as well. 

The high HOA fees plus taxes plus wear and tear and the intense Airbnb competition (tons of units) in Miami make it difficult.

The problem was that mortgage financing wasn't readily available and so the upfront capital investment was just too intensive. 

With housing demand being so high in this area, and homelessness/affordability of housing being such a big hot-button issue, you'd think cities would do everything they could to provide more affordable housing.

We have a chronic housing shortage, which results in an extremely hot rental market, but it also makes buying very competitive.

Another friend's hot tub has been out of commission for over a month while he awaits a hot tub repairman.

The key drivers are still there (appreciation, hot market, as I mentioned) but you need to look at the real data - that is based on Public Records and Listings / MLSs. 

***Self directed IRAs have become very hot among investors with the rise in popularity in alternative investments such as real estate, gold, and cryptocurrency.

We actually just added a cool hot tub on top of a boulder at our property out in Kentucky.