This signals long-term appreciation potential.

Potential for Over-RelianceWhile guidance is valuable, it’s important to maintain your independence as an investor.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

He believes that area where he will be buying the new homes is going to appreciate and attract more MTRenters, but now, the big difference is that he would now have 3 properties that can go up (or potentially down) in value, go up (or down) in rent, and three times as many vacancies to fill.My back of the napkin assessment is that for only a drop in $200 a month in cash flow, he would control a lot more assets with growth potential and as rents rise over the coming years, the combined rents will increase to a total more than the single rent.HOWEVER.

I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed elsewhere (potentially acquire another property).  

Hello, does anyone else have any experience with Preston Eloy's FreedomSoft system?My business partner and I bought into it  quickly saw its limitations then just as quickly canceled our service  within two weeks. So ...

I'm also looking for stable population and potential appreciation. 

A second STR in a market with year-round cash flow potential might balance out your portfolio and give you more consistent income.

Your property definitely has the potential to benefit from a cost segregation study.

Also makes it look professional when a potential renter comes to look at it.