Able to improve vacancy rates.

Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.  

Most lenders would like to see at least 90 days and improvements made to property since purchase to use new value.

I’m active duty Air Force and have four properties.

Look for areas with strong rental demand, low vacancy rates, and proximity to schools, employment centers, and amenities.Future Growth: Check for signs of future development, such as new businesses, infrastructure improvements, or public transportation.

Thoughts on how you would improve the situation?

This occurred because of their improved financial situation, which resulted in higher contributions from the tenants.

I’ve also included things like tubs, sinks, and other items that might need replacing.I’m focused on improving my ability to assess repairs.

It may or may not have central air, deck, porch, etc.

Any screening process needs CONSISTENT improvement!