Audrey - Dave might disagree or add more context, but I think that predicting 5-year rent growth is a bit like forecasting the stock market 5 years from now. 

Do you have a prediction?

We all know the issues with trying to predict appreciation but with how he says (and I’ve seen) that land is disappearing in the area I feel confident that 5% is a solid number to use.Between cash flow and appreciation, I believe a person would be coming up 21,000 a year.

Real Estate Market Predictions for 2025Single-Family Homes: Prices will likely remain flat due to homeowners holding onto low-interest-rate loans, causing fewer properties to hit the market.

Treasury predicts 32,000,000 businesses will now have to comply with these new laws starting in 2024!

The first option is to keep the condo, which offers a low interest rate and predictable cash flow.

Current prediction is rates will land in the high 4s in 2 to 3 years.

I agree that for more significant renovations, hiring contractors that are experienced can help make timelines more predictable and avoid unnecessary delays. 

Historical data shows that the transaction fees are very stable and predictable. 2.

Quote from @Benjamin Finney: I'm curious what real estate investors and private money lenders like myself use to inform their businesses strategy and predict future market conditions.