You might not be able to beat that top earner if they have something you can’t achieve (ie lake front or better views), but knowing what amenities matter in your market is an essential step in determining what you need to provide. 

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.

You can type in the properties address and it pulls data from airbnb and other short term site to give you from what I've read a pretty accurate estimation of Occupancy rates and income.

Your problem is likely in the data you relied on for your expected return and their experience.

Hi Matthew,This data is a macro look at median sales price of all property types within those four cities limits.

Explaining the reason for the increase and providing some market data to show how rental prices in the area have risen could make things clearer for the tenant.

I've been managing places for my aunt up here and in SoCal for about a year now and personally believe that how often a tenant asks for fixes is more based around their personality than anything else.Take my opinion with a grain of salt as I've never used a PM service so don't have any data to actually compare.

But there's a lot to like about the Portland suburbs as well, it just depends on what you are hoping to achieve, the skills or assets you bring to the table, and your timeline.

Set long-term goals to achieve financial independence and diversify your portfolio over time.Good luck!

They tend to be a bit more of tenant turnover.Just make sure you run rent comps and can achieve the increase projectedGood luckGino