So the big question is, do we wait until the home prices fall enough to catch up with the rising interest raises and level off? 

Nice catch.

Down side is total out of pocket for two years is 120k down 60k pool 25k furnishings to see 18,774 by year 2 but potential for this property to be 1mil in 5yrs is high.Currently 3/2 1460sqft no pool single family home total monthly expenses with STR $4,716 with out management fees.First year strategy is to STR it as is for 7 months to catch the in season rates and break even.Total Revenue: $55,600Mgmt Fee (25%) = $13,900Total 7 month expense: $33,012Net Profit: $8688Second year strategy is remove for 4 months at a lose of 9k and add pool for 60k.

During renovation, we were catching 5-6 mice a week.

If you haven't gotten your book yet you can still join us and catch up when it arrives.

You can catch me every Sunday morning (6AM most times!)

Since HELOCs have adjustable rates they will often catch people off guard when they adjust.

Stuff catches on and soon it backs up.

Only 1 of 4 tenants are behind, and they are making an effort to catch up.

@Frankie Betancourt get the property rented so you can catch up financially.