But there is just not enough housing here for the amount of people, and so monthly rent has increased significantly for tenants due to the high demand and lack of supply. 

You have a lot of empathy that many in this industry lack.

I do not have an age requirement for parking lots; the location and surrounding competition are my main concerns

Secondly on a single location policy who is everyone finding to have the most competitive costs?

Wood quality began dropping on a serious scale in the 1980s due to old-growth timber being almost completely depleted.Most wood used today is grown very fast - not only can you visibly see the difference in quality, but the newer lumber is more prone to rotting due to a lack of heartwood.

Now, let's break that down…- A median single family home is $543,000 (up 2% from last year)- A median townhome is $377,000 (Down 5% from last month so appreciation has slowed down significantly here: https://tmls.stats.10kresearch.com/infoserv/s-v1/IFbq-ZfR)More quick stats:- Homes went for 1% under asking, indicative of a less competitive market typical of fall- ⅓ of homes experienced at least one price drop- Homes sat about 21 days on market- Sellers has 10 showings before going pending- There are about 3,100 homes for sale, which is up 10% over last yearWe continue to see more options to choose from, more flexibility from sellers, and cyclical dips in prices across the board.

I look at our direct competition and we are still the best value on the lake for the space.

I'd prefer not to go through the eviction process, but their lack of responsiveness leaves me no choice.Thanks in advance for your help!

it is very difficult - much more difficult than advertised, and more difficult now than it was a few years ago because of the increase in interest rates and the heightened competition for distressed deals.the issue is this: you're up against other investors and businesses spending tens and sometimes even hundreds of thousands of dollars a month on marketing. 

When it comes to all the cost and growth assumptions one thing I lack is the experience to understand what to expect... so most long term inputs are educated guesses.