If not, you won't be able to sustain financial independence—rents rising slower than prices means your purchasing power decreases over time and you will have to get a job to make up for the loss in buying power.

We are inverse from 2020, which was way too few properties and way higher demand.Now, we have decreased demand and way too many properties.That said, there are some deals to be had in the Smokies these days!  

This allows one extra monthly payment to be paid every year which can accelerate the pay down of the loan, can pay less interest on the loan over time, and build equity faster (while decreasing your LTV, which helps with more financing).From a strategy prospective this can actually benefit you a ton.

I gather info for every market and/or state in the US and 43 of 67 markets and states (all across the US) I track saw Days on Market (DOM) decrease month over month.

Are you decreasing your advertised rent month over month with no luck?

Since purchasing our home the value of the property has decreased.

Eventually, landlords who can't sell at pre-cap valuations and can't justify continued operating losses keep units vacant or let properties deteriorate.New construction stops — because developers don't build into a market where the ceiling is fixed before the project cash flows.Supply shrinks — because the vacancy that does occur isn't re-entered at market rate.Rents for new entrants rise — because the supply of available units decreases while demand remains constant.The policy designed to protect working families from displacement ends up accelerating gentrification on a 5-to-10-year delay.

When supply decreases in a market with consistent demand, the result is typically more stable occupancy and firmer average daily rates for listings that remain active.

Holding this property longer will decrease that profit (as in losing money) by the day.

The ability for a 1031 investor to walk into a STR that has booked reservations and guaranteed income significantly decreases the risk to said investor.