I’m also seeing strong EMD financing demand from wholesalers, who benefit from not putting their own money down to secure the deal.We’ll see what the rest of the year brings, but I’m keeping my eyes open to see which trends end up defining 2025 and setting the stage for 2026.Which markets or asset classes are you seeing the strongest demand in right now?

**Pro tip:** Check your lease to make sure you have specific language about noise/disturbances with defined quiet hours.

Note, these are fully engineered studies meaning we breakout all 5, 15 and 27.5 year components specific to the property.

Define your goals and keep reserves the entire time.

A study can identify and reclassify components, often accounting for 20-30% of the property's basis, into shorter depreciation schedules (5, 7, or 15 years), and often includes 100% bonus depreciation.

For example, if the renovation consists of well-defined costs like carpet, paint, appliances, and light fixtures, the pad can be small.

Tighten the plan so you can move fast and credibly: pick one lane for 90 days (multifamily or storage), define a simple buy box, then run a daily pipeline rhythm: 20 broker/owner touches, 5 LOIs, 1 underwriting deep dive.

If you have to move mechanicals around, if y'all have natural gas HWT/furnace - then factoring in the exhaust components will be important to ensure proper ventilation.I'd ensure getting an inspection, and reviewing the property condition disclosures to check and see if it has flooded in the past.

After 5 years of searching for a STR that had what I considered the components needed for success:  vacation/tourist location and seasons, property curb appeal, size and etc.

There are a lot of different components of managing a STR.