Following the lead of cities like San Francisco and working directly with Airbnb would be most effective. 

Hello,I'm contemplating getting back into real estate wholesaling. A little background and context, I was previously land wholesaling and seeing some "success" with it (I had a few deals under contract, but they all f...

However, it had a similar effect on sellers, many of whom cannot stomach selling a home with an extremely low-rate mortgage just to buy another a 6-7% rate.According to the Wall Street Journal, “Almost 70% of households with mortgages have rates below 4%.”To drive it home, though, take a look at this chart of median single-family prices in Austin for 2022 (including December so far):The median single family home sold in November for around 20% less than the median home in May 2022, which appears likely to be the high water mark for some time to come.

When these thing change there will be a lag effect then things will get better.1.  

(*Western Slopes) also, the new laws going into effect in IL. are kinda crazy to me.. 

What are the upside/downside long-term effects when all of the homes in the neighborhood change from beach bungalows to million-dollar homes?  

We use LVP in subterranean apartment units, which is effectively the same thing. 

Your cap rate at purchase (or any other purchase metric for that matter) is important, but I believe the two most important variables in the success of a property are: 1) likelihood of rent and price appreciation in this market/submarket and 2) effective asset management/operations- I'm not 100% positive on financing, but I believe if you're buying as one portfolio, it will be a commercial loan.

The COVID effect in Gatlinburg was magnified by the Gatlinburg fire a few years earlier. 

There’s so much flexibility you CAN create, even with self management, through effective platforms (hospitable, Pricelabs, smart locks, great cleaners/handyman).