I say this even though my occupancy for each unit for last Oct was at least 4x what the OP indicated and my most popular unit was 90%.My view is the extra revenue on a well run San Diego STR is just enough to justify the effort and elevated risk as owners that can purchase STRs in San Diego.  

At a different point in time we may have made a different decision but not now.But you response seemed to indicate that you did not understand that you paid Avery high price up front for that cash flow.  

💫 As we head into 2026, these zip codes stand out not only for low vacancy, but also for continued growth, infrastructure investment, and tenant demand—key indicators for long-term rental performance.📍 Top Performing Zip Codes (Low Vacancy):• 28278 – 7% | Steele Creek: Ongoing residential growth, proximity to Lake Wylie, and continued commercial expansion along South Tryon• 28083 – 8% | Kannapolis: Downtown revitalization, Cannon Ballers Stadium district, and proximity to the NC Research Campus• 28211 – 8% | South Charlotte: Highly populated area with consistent redevelopment near Cotswold & SouthPark• 28092 – 8% | Lincolnton: Growing commuter appeal, new housing developments, and regional manufacturing growth• 28105 – 9% | Matthews: Historic downtown investment, retail expansion, and steady owner-to-renter demand• 28079 – 9% | Indian Trail: Rapid population growth, infrastructure improvements, and retail/commercial expansion• 28262 – 9% | University City: Light rail access, university-driven demand, mixed-use development, and job growth corridor💫 Low vacancy + active development = strong rental fundamentals.

.* (BP Monitoring please Note I do not own or benefit in any way from any of the following companies)Video: About Tulsa (from City of Tulsa)Retail Housing Sales Report: Jan 2020 Median Report (from local Tulsa Realtors)Rental Indicators: 25 US Cities Where Rents Increasing the Fastest No. 9 Tulsa & No. 11 Oklahoma City (from Business Insider online)More Tulsa Market/Economy Info: (from other various sources listed)“What Others Say”• No. 5 among top-10 U.S. cities where the average renter can afford to live alone (SmartAsset.com 2019)• No. 1 City Among Top 25 Most Affordable Cities to Live & Work 2019 (BusinessStudent.com 2018)• No. 1 U.S. city where incomes are growing the fastest (GOBankingRates.com 2017)• No. 3 among top U.S.

This data provides an external reality check.​Red Flags That Should Stop Your Investment ImmediatelyCertain patterns indicate that the pro forma is unreliable:No sensitivity analysis provided.

i think you have indicated your credit is an issue. 

They can also help guide you in building a Scope of Work to get a clear/better indicator of your rehab costs.I have a map I built that I can share with you that highlights the best areas to invest.

The rent increase as you indicated is fairly reasonable, but there have been multiple years where open market rents increased more that maximum allowed rent increase.  

Not even sure how to do that.I had a lender who indicated they could finance it, but it was not good terms (or even ok terms).  

So, once the counter party (investor) indicates a buy decision has been made, the sponsor stops providing information other than what’s in the PPM.We try to schedule hour long conversations with new investors, but many cut it short claiming extensive expertise in real estate in general and syndications/funds in particular.