A new owner with more capital can easily come in and decrease vacancy rates and increase supply to realize a 2-3x revenue.

You can find online mortgage calculators that allow you to play around and see what happens if you do an extra payment or increase your payments.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Debt increases risk.

The key lesson is that if you rent to Section 8 tenants, their negative behaviors may result in non-Section 8 tenants to leave.Rent increases are more likely tied to the minimum wage.

That method will increase your ROE significantly more.Also read the BP book on BRRRR investing.

It’s becoming increasingly frustrating—the seller refuses to provide any proper documentation.

This has become increasingly popular after the suit settled 2024 with the National Association of Realtors regarding commissions and client representation.see article:  https://www.cnn.com/2024/03/15/economy/nar-realtor-commissio...Good luck!

YoY is up 3.5%.Rentals - Availability by MonthThe number of homes for rent decreased MoM, also bucking the seasonal trend.Rentals - Median Time to RentMedian time to rent increased in November to 30 days.

So if they moved in May 2022 they have been there over 2 years which means you need to give them 90 days notice of an increase of more than 5% (from my understanding if the increase is less than that then you don't need to give that much notice, but that is not entirely clear).