Each STR property I acquire must meet two financial benchmarks: a gross rent multiplier (GRM) of 5 or less [Property value divided by projected income must equal 5 of less], and compliance with the 1% rule as LTR, which serves as a backup if regulations shift or if there's a decline in STR income.

3️⃣ Rental Market Trends: As rental demands shift, particularly in urban vs suburban areas, what trends are you noticing, and what moves are you considering?

Then we can edit as necessary, and it automatically shows on the view only link. 

Recently had a mindset shift here in CA when a successful investor told me about how he gets good cashflow in CA. 

Their is a $1500 reserve that the HOA picks from when needed and I never had to replenish it as an automatic 5% of the rental income goes in per month and stops once toped off.

Enter recurring charges and automatic late fees.

Most states allow an expired lease to automatically become a Month-To-Month lease.So, the old lease may still be technically valid.Are you trying to be a good landlord or a good friend?

I've been wondering if the college rentals have taken a hit since COVID as more universities have shifted to more online classes than ever before.

A higher assessment does not automatically mean higher property taxes.

They only need property management.Not first time I heard folk decide to "shift sectors".