Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.

Do most people get the property under contract in a single-member LLC and then assign the contract to the syndication LLC during the DD period? 

I’ve come to think of this period of my life as my real world MBA, and view my laundromat as a fantastic starter business.

When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.

I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.

@Samuel Coronado, @Elan Adler  Entire subdivisions of build to rent put more pressure on local landlords because the big institutional investors can afford to buy tenants with low rents and free initial rent period.

There are two large community pools, which are heated during the cooler months, tennis and pickle ball courts.The minimum STR period has been reduced from a year to six months.

We are currently buying blend and extends with tenants having low years remaining on the guaranteed primary lease term.Closed on one last month at 11 cap rate.

Have them pay a week or two before they arrive when they are past your cancellation period.

Flexibility for Multi-Generational Living - SB 9’s provisions also make it easier for property owners to develop housing for extended family members.