As for other ongoing expenses that will really vary by property age and condition.

You will want to provide basic amenities like included washer/dryer since living conditions are already less than ideal with that many roommates so you don't want the added hassle of them needing to go downtown to a laundromat. 3.

As you note exiting any RE that does not have some appreciation of a significant amount over say a 5 to 10 year hold generally speaking is going to lead to a loss at sale.

Keep in mind, the region is immensely sought after, leading to notably low capitalization rates.Positive cash flow from a rental property becomes challenging; however, there remains potential for substantial returns through appreciation.

We like to cast a wide net and get as many leads into the funnel as possible.

Be Patient and Flexible: Market conditions and unexpected challenges can impact your plans.

., lender reputation, conditions in the letter, proof of equity) that you look for to validate the buyer’s financial readiness?

I had a lead inquire about this property and the listing already says multiple offers, but then 130 days on market so far. 

Slightly less bookings, way less lead times, prices have dropped.January 2025 is promising relative to how 2024 has played out. 

Do you understand what conditions caused the issue?