🤣due to its permitting processes, regulations, and economic conditions :)

Whether through strategic mergers, regulatory pressures, or evolving consumer demands, the industry continues to evolve in response to changing conditions.

This amounts to the second negotiation in any property purchase: Negotiating the Resolution of Unacceptable Conditions.

This is for both 1-4 unit properties, and for over 5 unit properties (which are more tightly underwritten).As for the term side, these are typically for properties that are in livable condition and are being rented out.Please, feel free to reach out if you have more specific questions.Regards,Jackson

Based on this ruling, the City no longer has any regulations for short term rentals.This should clear up an confusion about weather STR are allowed as the courts have unambiguously decided that they are both permitted and protected.

Sellers, this is your cue to make sure your home is in pristine condition and ready to impress from day one.

Assuming the property is in good, rentable condition and the marketing is OK (good pictures, listed on all the sites as you mentioned) then it's almost certainly an issue of price.

When looking at rents, make sure you are comparing units in similar areas and conditions. 

At closing, and for the 2024 tax year, the replacement likely won't have any income/tenants because it's on a lake and more of a warm-weather rental.Thanks so much.

Higher end home buyers are usually more rate and market sensitive.I see you're down in Texas, so if that is your market, weather plays less of a factor consideration as it does for us up north (no one likes to move in the winter unless they have to and things slow down considerably).