This helps establish abandonment later if challenged.Some landlords try to shortcut this to turn units faster, but in Missouri that’s a risk play.

Happy to chat through a few solid out-of-state plays if you want.You’ll be ok — just get after it.

I think area it's in will play a factor too.

However, the properties in question were condominiums, and it might have played a role.

Guest experience, management, and seasonality all play a role.

Taxes, insurance, and maintenance all play into whether a property truly cash flows, so run the numbers conservatively.

Right, but to get the capital (140k) back I need to sell, and then recapture comes into play. 

If you prefer stability, consistent rent rolls, and fewer moving parts, Pilsen’s the safer long-term hold.Pilsen, is a steadier play in my opinion.

Investors are taking longer to commit—fundraising now averages 25 months to close versus 15 months in 2020–2021—but they're leaning into higher-risk, tech-heavy plays that reflect a changing market landscape.Looking ahead, Starwood's $10 billion Distressed Opportunity Fund XIII is the largest vehicle currently in market, with Blue Owl and Strategic Value Partners each targeting $6.5 billion.The Bottom LineThe CRE market is entering 2026 with momentum it hasn't had in years.

Not quite cash flow neutral, but you are essentially living for a fraction of what you would pay renting a 1BR in the same area.For a pure investment play at $250 per sqft fully renovated, the math gets tighter.