@Perry Stanfield, I wouldn't be concerned about paying off the loan in your exchange because you will have to use all of the proceeds in your 1031 anyway to defer all of the tax.

The outpacing of labor supply over job creation signals a cooling economy where hiring demand is moderating, even as workers return.Inflation, Also CoolingInflation remains moderate at 3%, still above the Fed's 2% target but unchanged from last month.

Very cool to know that it is being considered.

For many it's the only option to grow a portfolio faster, but I don't know any lender who would do 100% financing for a new investor. 100% of purchaseprice is okay, as long as it's not 100% of market value.Real estate investing is all about equity.

Renters are also being much more price-sensitive and they have more options due to slower sales activity and longer days on market for rentals.Like you mentioned, this seems to be part of a broader national pattern tied to overall economic cooling.

They are more or less just going to be break even/cash flow just a tad right off the bat with the higher interest rates/prices of today, assuming your standard 20-25% down.

You might find some cool ideas there to improve your sheet.

TLDR;By my findings, if you are a long term Airbnb host/Superhost, etc and had your bookings DROP OFF A CLIFF this summer, switch to "Flexible" cancellations and I bet your bookings will go back to "normal".So I have been hosting since 2018hundreds of reviews, still over a 4.9+ score.

Always happy to network or be a resource, I love people doing cool stuff in RE as well!

I use Sooner Heating and Cooling - not always the least expensive, but good quality and they can get to my properties quickly.