Great perspectives.

However, they do respond to an interested buyer for their home.

All great comments and discussion yall! 

With less demand, sellers may be more motivated to offload properties, especially those facing higher holding costs due to rising interest rates.Also, the election season plays a major role with what's going on. 

You are right, better late than never.I was about 30 when I found BP and wish I'd found it sooner.Househacking is a great strategy.

Vacancy rates are strongly correlated with property management.

Any advice is greatly appreciated!

For those of you trying to “Time the Market” or trying to figure out the “Perfect Time to Buy”, either because you believe home prices will drop or because interest rates will drop (which they will in the very near future), I have a scenario for you.Consider these two scenarios, in both cases you have the EXACT SAME Principal & Interest Payment1.

Since I am just starting out though, the interest that I'm will to tack on to the 20% private loan is 3% interest.

I have done my research and feel confident the properties will still cash flow with Long Term Rental rates in the area, but will cash flow a much higher rate if the STR rates on the estimators are accurate.