Knocking out improvements over the holidays, and selling beginning of the year when interest rates drop and home prices increase due to demand.

Values drop, sometimes drastically, rents go down as quality of tenant declines; cost of operstimg properties increase, and governmental interference, especially in the form of rent control, can slash values and profitability severely. 

Does one include heat and water versus the other that is separately metered?  

When we go into a recession and people cut back on spending, you’ll be dead in the water with a lot more negative cash flow than that.

I think what muddy’s the water is we have four LTR and three STR’s.

You’d stalk the watering hole.I don’t care who you are; your *** will beat that watering hole at some point TODAY.Now, keep that thought.Let's talk about lists: the foreclosure list, absentee owners list probate list…What is a list anyway?

The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door. 

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

@Justin,  No you don't need to provide notice however make sure to notify if you will be disturbing common areas, shutting off water to washing machines, having alot of workmen on site. 

Drop your prices and your calendar will fill.