I guess the biggest flip side discussion comes from what the potential necessity of the Bronx, Westchester and Connecticut residents to commute to Manhattan in the coming decade as technology keeps charging ahead.

You can get alot of stuff cheaply from Amazon, Walmart, Wayfair.If you are on a budget, then just spend your money on the necessity items: beds, linens, couch, chairs, kitchen supplies.

I believe the ones who will get hit the hardest are the STR markets as those are an amenity not a necessity and as inflation continues to roar and people start getting their new property insurance and property tax bills, there will be a lot of sticker shock and people starting to batten down the hatches.

We are forced to pay a premium because it’s a necessity. just thought I’d share a creative way I’m looking at higher ROI than long term tenants but less work than managing a ST air bnb Furnished finders is the main website nurses and other traveling professionals rely on. 

This is where the complexity arises and differs from state to state, so the attorney is a necessity here.

No matter where the market is, this past year I’ve refined my bid process out of necessity and to maintain my sanity.

https://www.biggerpockets.com/renewsblog/2014/10/16/no-money-down-brandon-turner/Good luck getting started, necessity is a powerful motivator. 

Brent - those administrative items and book keeping were necessities for the government housing program I believe, so I factored them out.A few of the commercial multi family comps in the area sold for 500k, 300k, and 200k.

They aren’t a necessity, but they sure do help.

It's not a necessity though.