What ADR did you use for MTR and how did you derive the MTR ADR (or different what rent and what vacancy factor)?

Another factor I considered is that the role will help me understand RE markets better and be looking at a lot of deals.

You drive and I’ll buy.  

Landlord drives by on the 1st of each month and collects.

This limited inventory will likely continue to drive prices upward.Sales - Median $/SF by MonthThe $/SF decreased slightly MoM, conforming to the seasonal trend.

The rental insurance doesn’t protect you in this example, driving a car is the most risky thing we all do. 

Some of these renters are capitalizing on low interest rates and choosing to buy, but many are unable to buy due to lack of down payment or credit factors. 

My ARVs are also reflective of those factors. 

I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example). 

I don’t know much about the Australian market, but your curiosity and drive to learn are inspiring.