To answer your question, if the home is priced at market rent, we are seeing our rentals lease out in 25 days.

Here are the specifics on our Seattle house: 5br 4ba 3,400 sq ft, built in 2019, $1.7M est sale price, $5.5K-$6K/mo est rental value, 4.0% mortgage with $3.3K monthly payment, around $1M in equity. 

Reducing rent sets a precedent and can attract price-sensitive tenants rather than those prioritizing quality.Negotiating renewal terms can make sense if tied to benefits like lease length or tenant stability, but always ensure it aligns with your long-term goals.

Larimer: Bit gritty there still currently but right beside very high priced neighborhoods and commercial business district of East Liberty/Bakery Square so could see it turning sooner rather than later would not be surprised. 

You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.

Is this price differential largely a matter of how high-end you make the finishes?

While smaller towns in Kentucky often have lower price points, which means less capital is required, there are limitations to the profitability of these markets.

Our median price home is much lower than Austin.

Im working out what that would look like in terms of price point.

What i struggle with is pricing since i notice I'm usually one of the higher priced in my area.