Here are a couple of items that stood out to me. 

I reallly do think this would be acceptable and property would move if it were a sub 100k house, but seeing as its a $1MM+ property, it definitely stood out.

There are moments in business where the spreadsheets fade into the background, and all that’s left is the human side of what we do.This was one of those moments.A few weeks ago, I stood outside a modest home in a quiet neighborhood.

Already roof trusses are basically standard vs building joists on site. 

— Reginald Truss

Here’s what stood out:Performance – 4–5+ Bedroom Homes:Average Annual Revenue: $102,900Occupancy Rate: 65%Average Daily Rate (ADR): $499RevPAR: $324.93YoY Revenue Growth: +14%Inventory Share – All STR Listings:1 BR: 22%2 BR: 19%3 BR: 34%4 BR: 18%5+ BR: 7%That means 75% of the market is made up of 1–3 bedroom homes, while only 7% of listings are 5+ bedrooms — and that small segment is hitting the highest revenues, ADRs, and occupancy rates.Bigger homes are attracting families, wedding groups, and football weekend groups — but competing with far fewer properties in the same category.If you were buying in Tampa Bay today, would you stick with the 1–3 BR space, or target the bigger homes?

If they’re on a long lease and you’d face months of vacancy, it may make sense to stagger improvements.Rule of thumb: If the cost to rehab the second unit pays for itself in 24 months or less and increases the ARV, it’s usually worth it.If you want, I’m happy to mock up a quick BRRRR refinance/cash flow comparison using your numbers – it really helps clarify which path leaves you in the best position after the refi.Reggie Truss

The lender coordination and rent comps especially stood out because those are the kinds of oversights that quietly affect returns. what’s been the biggest shift in how you'll approach the next one?

Living within your means, avoiding consumer debt, and focusing on long-term stability over rapid scaling is a formula that’s stood the test of time—especially through economic downturns.There’s a lot of wisdom in looking to how previous generations managed their finances.

The negotiation was handled by the lead sponsor, but what stood out to me was the transparency, clear business plan, and strong communication throughout the process.