Underwriting & Financial DisciplineMany STR owners bought emotionally — operators run models.Cash Flow Model: Build underwriting that includes all real costs (cleaning fees, utilities, management %, CapEx reserves, and realistic vacancy).Dynamic Pricing Software: Beyond Pricing, PriceLabs, or Wheelhouse to maximize ADR and occupancy.12-Month P&L Tracking: Monthly financial reviews comparing projected vs. actuals.Stress Testing: Underwrite for worst-case scenarios (20% occupancy drop, ADR compression, regulatory tax hits).System: Quarterly Financial Review SOP — Reconcile P&L, re-forecast cash flow, adjust pricing, and reset CapEx reserves every 90 days.7.

This is just national numbers.This slowdown reflects a meaningful shift in market dynamics: elevated mortgage rates, detached pricing expectations, and diminished buyer urgency are contributing to substantially slower cycles.For real estate professionals, builders, and investors, this could signal opportunities to recalibrate pricing strategies, marketing approaches, and sales timelines to align with evolving buyer behaviors.The best buying behavior to be apart of is the investor network.For the simple reason that they will continue to buy with no emotional escrow.They don't go by trends, just if the numbers work for today.That's what I love about seeing with Featured Agents on BiggerPockets.They get to tap into the network of BiggerPockets clients right when they are ready to buy...or looking for an agent today to help them acquire more.Here we are, it's going to be Autumn soon.

Sometimes we say stuff we shouldn't have said, or get overly heated or emotional.

I was sold the emotional support of the group with lifetime access to the fbook group.

That way, you can say how much you "understand" your tenant's position, but it's out of your hands.I know it's hard, but take as much emotion out of it as you can, because you're not powerless.

I had been hit with several major setbacks all around the same time and it broke my financially and emotionally.

It was a hard decision for me because I have some emotional attachment and the interest rate is so good on it.

We helped her clear out personal belongings, comforted her through an emotional process, and stalled the foreclosure process by getting a Power of Attorney to communicate with the foreclosure attorney and bank until we found a buyer.

Having this framework before you buy keeps emotions and guessing out of it.Since you’re funding and she’s managing, it might also help to clearly define responsibilities and profit splits upfront so expectations are set for both sides.

If the rents and rental market is stable and you can afford to stabilize the property, you may want to keep it for the long-term appreciation and tax benefits.Or, if you are emotionally and financial done, you can sell and because you have owned it over a year any gains would be taxed as a long-term capital gain.The choice is personal for you in the end and your overall financial picture.To Your Success!