Managing rentals isn’t for everyone, especially after dealing with bad tenants, challenging property managers, and increasing costs.

Separately, the government increased the money supply by 40% with massive government stimulus and that drove the cost of everything way up (labor, materials, everything).

Areas close to BlueOval City will likely see an increase in housing development, including single-family homes, apartments, and short-term rental properties for contractors and temporary workers.

This chart does not include the latest increase in rates, but in a couple weeks we should have an update.I saw several places that showed increased rates:https://www.verticalbuilders.com/blog/what-to-expect-in-q4-2... 

The 4% isn't much, but it's better than nothing and it means my security deposits increases with rent each year. 

Building back utilities can increase your income, but it requires careful planning and execution."

Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey. 

I'm also not super optimistic on rents increasing over the next year or two though, especially if we go into a recession.

First, increase staff size.

We just had a section 8 tenant where the rent increase was approved from 995 to 1295 because of shortage and market rents for similar homes.