Whether your objective is to generate rental income, create equity, or both, having well-defined goals can help you make informed decisions.Analyse your income, savings, and possible down payment in relation to your present financial status.

AirDNA says 88% occupancy past 12 months, reviews are great and seller is self reporting income that looks really good. 

I have read multiple books on short term rental investing and one by Shawn Moore is a huge proponent of finding a management company so it's truly passive.

Plus I don’t think DSTs make sense unless you need the 1031ex privilege.If you want passive RE exposure why not look into REITs?

Is the fee charged on actual rental income, or projected?

Having specific goals will direct your approach, whether it's increasing passive income, reaching financial independence, or diversifying your investment portfolio.A single-family house or a modest multifamily property would be good places to start for a reasonable investment.

Profit comes from the property's appreciation after improvements.Buy & Hold: Acquire properties for rental income and long-term appreciation.

This approach allows us to analyze the market dynamics, particularly in terms of pricing, providing us the flexibility to adjust rates optimally to balance both occupancy and income as the property enters the market.

The ones that have stayed on the market that I'm interested in come with some skepticism as to why they're on the market for so long.

- Lina Hi Lina,Your situation is very common, and deciding between selling or investing more into your property to potentially increase its income is a pivotal choice.