For comparison, we had monthly inventories of +10,000 in 2019 so this market can handle a lot more houses on market, which would slow the double digit price gains we have been seeing since Covid.

It’s the same as the ROI vs ROE comparison. 

@Basit Siddiqi thank you for the simple comparison.

What do you all normally do in sequence when rent is late?

You want to do a comparison across the board of what it would cost over X years. 

But you should definitely do a loan cost comparison when you get a property locked down.

Speak to your local HVAC professional about your options and do a side by side comparison on price and efficiency.

I don’t know your previous location so can’t make a comparison.

I am going to look at a few more properties today and do more comparisons to see how many properties will return a better profit by getting a mortgage vs. paying cash and then I am going to ask some brokers whether it is better to pay cash or get a mortgage.

I think the question should be which produces the higher value in comparison to the cost.