Understanding local market dynamics, building a trustworthy local network, and being prepared for potential travel are crucial steps to mitigate these challenges and make informed investment decisions.

Use the "search the site" feature of BP and you will find a wealth of good info on the topic of "smoke odor".We remove carpet and pad. 

Not sure how many units you have and your property types, but around 3-5%, possibly more depending on age of building and features.

As you begin, it's essential to familiarize yourself with the key concepts and strategies that will help you succeed.First and foremost, building a strong network is crucial.

Competitive pricing can lead to quicker sales.Highlight Unique Features: With increased inventory, make your property stand out by showcasing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and significant increases in active inventory.

If you can, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.

If possible, making a cash offer can give you an edge in negotiations and a quicker closing process.For Sellers:Price Competitively: Despite slight decreases in the percentage of original list price received, pricing your property competitively can attract more buyers and lead to faster sales.Highlight Unique Features: With increased inventory, make your property stand out by emphasizing unique features and upgrades that appeal to buyers.Market Outlook:Stability and Growth: The market shows stability with moderate growth in single-family home prices and substantial increases in active inventory.

This will of course vary by jurisdiction, which is why it is crucial to work with a local builder who has actually constructed many ADUs and dealt with the pitfalls on previous projects.

Consider adding features that support a communal and supportive living environment.This is a good start, as renting properties to sober living homes in Colorado involves thorough preparation, understanding legal requirements, and establishing connections with reputable operators.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly and maximizing the sale price to $267,500.