Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.

I'd probably not operate the property as an LTR because with such little down (5%) at today's rates, it would be negatively cash flowing.For the investors who invest in Littleton and have a furnished rental, can you speak on what the MTR and STR demand is like?

Guests were rude to my face, made unreasonable demands to the point that I felt uncomfortable in my own home. 

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.

One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit. 

Feel free to ask any questions about:Market Trends: What types of properties are in demand?

I previously used Proper but switched due to their high rates, lack of portfolio coverage, and demanding annual underwriting review processes.

I was curious if there were any other Palmdale Landlords on here, if so when you rented out your properties, did you see significant demand for the rent by the room strategy as opposed to renting the whole the house?

Henry, How do you determine the demand for Self Storage?