It's wild, actually.What I'm considering now is starting in NJ or another one of the neighboring states/cities.

No price regulation no price oversight....Wild  Wild West.

If I had to take a wild guess in the dark, blindfolded with noise cancelling earbuds on, I'd say April should start to see some better numbers.

So the only real wild card is the condition of the evicted tenants place.

In addition, many of these properties have significant deferred maintenance and there are rent controls in that market that limit rent increases to 2% over the official inflation rate which is pegged at 2%.( 4% max increase) So for that market, my example is wildly optimistic.Getting back to my main points:What is the group consensus for interest rates and cap rates in 5 years.How is that affecting each person's investment strategy  going forward.Under what circumstances are you willing to commit your capital if you are concerned about rising interest and cap rates.Thanks all

NEIGHBORHOOD, AREA AND PROPERTY CONDITIONS: Neighborhood or area conditions, including Agricultural Use Restrictions pursuant to the Williamson Act (Government Code §§51200-51295), Right To Farm Laws (Civil Code §3482.5 and §3482.6),schools, proximity and adequacy of law enforcement, crime statistics, the proximity of registered felons or offenders, fire protection, other government services, availability, adequacy and cost of any speed-wired, wireless internet connections or other telecommunications or other technology services and installations, proximity to commercial, industrial or agricultural activities, existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odor from any source, abandoned mining operations on the Property, wild and domestic animals, other nuisances, hazards, or circumstances, protected species, wetland properties, botanical diseases, historic or other governmentally protected sites or improvements, cemeteries, facilities and condition of common areas of common interest subdivisions, and possible lack of compliance with any governing documents or Homeowners' Association requirements, conditions and influences of significance to certain cultures and/or religions, and personal needs,requirements and preferences of Buyer.Things I'd suggest including is investigation of services and feasibility of connection to public services specifically.

Its terrible and highly inaccurate in Los Angeles where many homes are unique... and wildly appreciating.   

I am in the Manuel Antonio area because it has tourist to rent to, amazing wild life, beaches restaurants and beautiful weather in January when I need it :)

Nonetheless, I would love to hear your updated opinions given the current state of the pandemic (rolling out vaccines now and aggressively in the coming months, but with COVID still running wild everywhere at the moment).Happy to share our 2020 results - I was surprised by the performance of our two STRs in 2020, and that looks to be continuing into 2021:- Our lake home in Farmington, New Hampshire absolutely killed it.

However, in the future, when this account mushrooms into $100k, $500k or $10M - the money will stay tax-free forever.