I don't like turnovers and I don't like the current covid environment but it is up to you which is riskier, renewing or not renewing once the lease comes up.

Love this thread.The posts have really made it clear that opportunity always exists, its the individual that needs to skill up and capitalize Barriers aren't increasing , just the environment keeps changing  requiring a different approach

Thank you for your insights, the reason I was considering something I had never heard of was because I heard on another podcast a group was also working help tenants save money (like actual savings accounts) to help the tenants build stronger futures.I love the idea of helping people and of course providing a safe environment to live in is doing that. 

I was going to suggest asking the sellers to finance 20k but then I saw it’s a foreclosure (which is insane in this seller’s environment, is it a declining market?)

You can talk about this is how we will  manage the property and not use ownership language all the time but concealing ownership just doesn't work in some environments.

I’m looking for information from people who have been around this type of environment to weigh in how this effected the short term rental markets.You say $4 gas in 2007 isn’t the same as it is now.

We are dedicated to creating empowering online and in person communities where WOMEN have a non-intimidating environment to ask questions and receive the support they need.

Years later, I am a much happier and healthier version of myself but it took so much hard work, sacrifice, and dedication to get here.

I think almost all the replies to your question are personal preferences and what is better for the environment and not renting.

In addition, we are currently in an extremely supply-constrained market that I would imagine won't normalize for a year or so, driving prices up to a bidding-war scenario.So, questions loom:-  Your guess on impact of all properties in a rising rate environment, say 2% increase over the next two years.-  Your opinion on whether to hold or sell, even given the tax/commission cost of selling against a bidding war.Cheers.