Would love to hear how others are navigating note sales in this rate environment.

It's true that getting started in a higher-rate environment is like learning to swim in the deep end.

It might cost a few hundred bucks, but it’ll give you peace of mind and could save you a lot more in the long run.

I wouldnt advise on ruining someones career, but I'd solve the problem as peacefully as possiblySilence isn’t protection — it’s liability.

A 1031 exchange could defer the tax, but only makes sense if you truly want to stay in real estate and can find a good opportunity.If you pay off the mortgage, you’ll get strong cash flow and peace of mind, but your tax deductions will shrink since you’ll lose mortgage interest and depreciation will start phasing out as you approach full basis recovery.If you keep the loan and use your HELOC, that gives you access to funds without selling or triggering tax, though it slightly lowers your cash flow.

You don’t necessarily have to follow through with eviction if they vacate peacefully, but it can be a useful tool to protect your timeline and show that you're not waiving any rights.Also agree with others here.

And what's working for you to stay profitable in this tighter margin environment?

Quote from @Collin Hays: One of the challenges in the current STR investment environment is that, in the 2018-2023 time span, the investment was being touted as a money tree.

With your rates being adjustable, it makes a lot of sense to be cautious, especially in this rate environment.  

Same building type, completely different expected outcomes.The political environment matters too.