It's mostly a crash pad as these workers and doing 12 hour shifts

As an investor that was around during the 2007 meltdown, there were a lot of investors that lost their shirt when their mortgages shifted from interest only to including principal and interest.

The other reason is that tax assessors may use different methodologies to value the property including revenue potential.The key items that play a role in the valuation of commercial real estate property include:Property Type: A storefront is for example taxed differently than an office building.Location: Rural regions tend to be taxed at a lower rate than urban regions.Government Spending: When there are different funding needs, it can determine how much of that revenue comes from taxes.Market Shift: When the market shifts, property values change which can lead to a change in the assessed value.Let’s talk a bit more in depth about how the commercial property values are determined.

Do you usually ask tenants to sign a one year lease and then shift to month to month?

Do I discount the rent from the escrow automatically?

By navigating market shifts and embracing opportunities, stakeholders can position themselves for success in this evolving landscape.

Success hinges on staying up-to-date on market shifts, funding choices, and chances for investment.

All FHA, VA and USDA loans are assumable and there are thousands of homeowners who bought in 2020-2022 who have an excellent interest rate and have no or low equity as the market has shifted. 

, cleaned, and installed new HVAC, ran all new pex lines/valves/shut offs, all new hardwood flooring and carpet, all new and expanded kitchen cabinets, new appliances, created full bath and connected it to a bedroom to create en suite, repurposed 2 unused rooms (1 into a 4th bedroom/office/playroom and one into a family room, installed new interior and exterior lighting throughout, new automatic garage door, and landscaped.

There seems to be a shift to MTR from STR since the governments, HOA's, and Condo associations have banned them.