Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

If you did the latter, then there was no usable bathroom during this time for those residents and technically the unit was not habitable.

Furthermore  once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian 

Quote from @Jerome Wiley: Can the landlord ask a perspective tenant how many adults will reside at the rental property?

https://timesofsandiego.com/politics/2024/10/29/residents-of...It seems the owners should have known the risk, but let’s assume they did know the risk but also knew the precedence of assistance for climate related impacts.  

If I tried to base my renewal on expenses only I would increase above market rents and probably lose my current residents because of that. 

I own a small 2 bed/1 bath home on 40 acres 30 minutes north of KC. Been living here for 5 years and owned it for 3. Got it for a steal, so we have a lot of equity, but the house needs a lot of work. The original plan...

State/local are determined by your state of residence, not the state the property securing a loan you hold, or property you own is located in.  

Investment Info:Single-family residence fix & flip investment.

While buying near a hospital can sometimes be a good investment, in this case, the hospital in question is MetroHealth, which is a county hospital primarily serving lower-income residents, many of whom are on Medicare or may not have insurance.