You'd have to have something pretty special for an experienced operator to agree to pay your fixed rent and operate it profitably while maintaining good quality tenant stays.

Make sure to check out local laws to see if STRs are allowed and if they have restrictions (like they can only operate 180 days/year or you can only have one STR).

In Northern Virginia, you are mostly betting on long-term appreciation rather than strong cash flow right away, so ideally you’d want to plan to hold the property for at least five years for it to make financial sense.

Having everything together will be your best bet..

If you are not building/rehabbing in locations that can easily absorb today’s construction costs, focus on assets where operational tweaks can generate revenue.

I think focusing on cutting all costs and hustling is your best bet.

If you’re a lender, investor, or operator who believes capital should create both returns and transformation, let’s talk. 

It sounds like the bank is operating as the successor trustee.

But it appears all of that could just have been posturing to gain an advantage ahead of these final talks.The Details.China’s Vice Minister of Commerce announced agreements on:Pausing tariffs on $300 billion in Chinese imports,export controls on things like microchips, tariff suspensions, agricultural (aka soybean) purchases, anti-fentanyl measures, anti-drug cooperation, TikTok operations, rare earth minerals, (as an aside, these minerals are not rare.

Section 8/HCV programs can provide stable, long-term tenants and government-backed rent, but as you’ve experienced, policy and administrative changes can create unpredictability.It’s a reminder that while government-backed programs reduce tenant risk, they don’t eliminate operational or policy risk.