We aren't the cheapest place but we are affordable for the size and I want to keep it that way.

Hey Jonathan - I usually start by checking what similar properties are charging in the area, considering things like size, amenities, and location.

After 12 years in the furnished rental game, I'd say that is a pretty good sample size. 

Hey Jeff, This is a great question and one we get all the time as we specialize in working with real estate folks, but the size of the portfolio can vary widely. 

It was the same price as the 1st property I bought except twice the size and two of everything.

My wife ordered a kid size pool table from China for our STR and they sent ear muffs.

.- I want to 1031 exchange again.Question:Does my next deal have to be larger than $5M (the overall deal size) or just larger than my share of the equity in that deal - meaning, if 200k was 20% ownership then it has to be more than $1M (20% of sales price)?

Credit score and loan size can also affect what rate you may find. 

Check out the chart showing the fast rent growth and declining rent growth cities, which could help inform your decision on growth markets. 

In my current roll, I manage 17 shopping centers of various sizes and select sites for new gas stations in the Arizona market.