A PM I really like has a 'Non-Disparagement Clause' which goes in perpetuity...

It seems unlikely that this will continue into perpetuity and let's say a more conservative estimate is 3% annually, which would equate to about $6K annually in appreciation. 

Contrast that to the bond market--the source of movement for all manner of interest rates--which frequently moves more than 8 times in any given second.In other words, the financial market is able to make its move well in advance of the Fed and that's a substantial part of the explanation for the drop in mortgage rates seen over the past year.

The market is efficient so where illegal immigrants are will causing housing prices to go up which will cause the efficient movement of people to less expensive housing which will cause that housing to go up which will then push people out again. 

Good tenants in these multi-family are the best sources, they know every movement and let me know of negative activity first in many cases. 

https://www.aier.org/article/the-perpetual-tragedy-of-new-yo...https://aoausa.com/the-destructive-power-of-rent-control-by-...At the very least, the concepts of rent control and "just cause" violate the 5th amendments' takings clause. 

The subject isn't whether Texas has the best STR markets in perpetuity, the subject is a five year demand window based on migration trends.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Recently started a new chapter in my life and just found bigger pockets, building passive income and the FIRE movement.

It takes $14-20k per year to participate fully in datasources for most markets plus hours per week to see all the listings and movement.