It tends to be the sweet spot in Detroit today because it offers the best risk-adjusted cash flow.

The market is going to have to adjust to allow for more of those creative financing options with sellers seeing the benefits.

Kar Im going to try and play devils advocate here; she definitely needs to adjust her attitude as there is no need to treat people that way no matter the circumstance.I just heard and checked the temperatures in Tennessee and most places this summer, and it’s hot there!

When you see something bigger, or smaller you just know you need to adjust for those factors… more bedrooms, more square footage will rent for a little more.  

Additionally, you must notify your insurance company to adjust your policy to cover short-term rentals, ensuring you have appropriate coverage for liability and property damage specific to Airbnb operations.

We adjusted our pricing to accommodate longer stays and go through the next few months, before travel slowly picked back up.

That sounds intense. 

As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

This step prevents us from wasting money on inspections if the seller is not willing to adjust the price.

I have gone down the path of painting a few times and it is quite labor intense and with that not cheap, it has to bone REALLY well - prep-work, primer, coat finish, the right products etc otherwise you get crap results.