At historical occupancy (~60–65%), the deal produces healthy positive cash flow.Occupancy used to average 60–65%, but recently dipped to the low 40s due to management/marketing issues.Strong potential to restore performance through operational improvements.Hostel market demand remains resilient with strong traveler interest.

i would say i have a healthy portfolio and a moderate amount of experience.i can't advise you or tell you what to do, but i can answer questions about my own experience.i would just post specific questions here in the forums. 

So, many tend to keep on working if it's not actually a job they hate, then let that real-estate continue to build, compound and produce blocks of cashflow and wealth. 

Places like this are going to be hard to buy in over the next 5 years due to the attractive sale prices and rents to match.The market is also healthy when it comes to variety on property type from Condo's, Single Family and Multifamily 2-4 units.

The cash flow produces a poor return and historically the appreciation is poor

Charlotte's Rental Market Update for August 2025.Regional SnapshotActive Rentals: 2,033 (+8.1% YoY)Leased Properties: 907 (-8.5% YoY)Average Rent: $2,143 (+0.7% YoY | +1.7% YTD)Supply is climbing, leasing dipped slightly, but rents are still edging up—a healthy sign for landlords.Best Rental Areas Per DataWaxhaw, NC – Luxury rents at $2,811 (+2.7%)Fort Mill, SC – Strong growth, avg rent $2,569 (+9.3%)*Davidson, NC – Consistent demand, rents up 10.8%Lake Wylie, SC – Waterfront demand, rents at $2,725 (+1.7%)*Union County, NC (Monroe & Matthews) – Surge in rental activity with stable pricin​g.

On the sell side inventory is slowly creeping up but overall healthy.

I am an experienced TOP PRODUCING realtor (#1 producing agent 5 years running in my company of 150+ agents and a Top 1% agent region-wide selling over 20MM in volume annually) looking to expand my network and investor client database in and around the Richmond VA real estate market.

.🏗️ Wholesale Inflation CoolsThe Producer Price Index (PPI), which tracks costs for businesses, actually fell 0.1% in August.

. • The HOA is financially healthy (review their budgets/reserves). • Past rentals in the community prove demand (sounds like you already have that data).