This is why we try to screen for nice people, so we can maintain a nice neighborhood.If I Airbnbed my whole house, it would probably be 30-50% vacant but then anytime I did rent it, it would probably have 2-4 surplus cars that don’t really fit on the little residential street without messing up other people’s “standard” parking.

Dayton, Ohio and the Midwest have a different dynamic than the coasts and other densely populated areas.We are dominated by a lot of available land for building, and often a surplus of housing stock.

A few years back (when deals were available) I averaged $10K+ annually from Surplus Warehouse in Raleigh. 

Contrast this method of 12 years before debt free profitability with the buy hold and rent method.Purchase 50k, fix up 10k. rent 750 spending 520/month. surplus of 230 each month. in 12 years you make roughly 33k.

I expect more like 15% (what we are doing now) which would make the 'surplus' even larger it seems like. 

Of course if there is a surplus of gas then the econmic law of supply and demand tells us we can’t increase prices.

If not, that would be a great business for someone with a surplus of capital, to start to help with this problem.

A Borrower is entitle to proper treatment and accounting of their impounds and any surplus upon review.  

They are always low on funds, yet this December they announced that because they had a budget surplus they would give every full-time city worker a $1,000 Christmas bonus.

It’s very true that there’s a surplus of high end and not enough affordable.