I view the heat as a more significant return than I ever would for the water because it runs me about $1500/month on my buildings.

We did discuss as a board having a more hands on property management company but looking around the fees were quite high and the community liked keeping their HOA dues low.

Coming out of 2010, we should have seen a more balanced or even a buyer's market in 2020.

This could suggest a shift towards a more balanced market or even a buyer's market, where there is more inventory available and less competition among sellers.The Median Days Homes are On the Market is 18, which is relatively low and suggests that homes are selling quickly in this market.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Something tells me you won't be working 4,060 hours to do so - 80 hours a week year round.If it is a more active rental model that it is not considered "rental" income, then you would need to put in at least 100 hours with that being more than anyone else (employees, contractors, management company, etc), or you would need to put in at least 500 hours.So your "quick" question is actually fairly complicated. 

This indicates a shift from a seller's paradise to a more balanced market.Median Sales Price Holds Steady: The median sold price for residential homes sits at $469,998, reflecting a modest 1.9% year-over-year increase.Fewer Bidding Wars: Though sellers are still receiving close to list price (95.6%), the intense bidding wars of the past seem to be fading.

I own up to not doing a more thorough screening.

My house is wired with only one meter so I cannot get a more specific consumption amount for each tenant (even though there is an efficiency unit).

They may need to access cash or move to a more suitable living situation.Tax Liens or Legal IssuesOwners facing tax liens, legal disputes, or other complications may want to sell their property fast to resolve these issues without further financial or legal consequences.Burnt-Out InvestorsReal estate investors who are tired of managing properties, dealing with tenants, or facing constant repairs may decide to liquidate their holdings quickly to invest in other opportunities or simplify their lives.Understanding these motivations can help you tailor your approach and offer solutions that address their specific needs, making it more likely you'll secure a deal.