Below are some more details and a few questions.PROPERTY/LEASE-rural Minnesota town (around 5k people population)-built in 1974-property is in good condition, right on the main street-10 units ranging in sqft-1 unit on a 3 year lease, 7 are on a month-to-month lease (not sure how long they've all been there), and 2 are vacant (yearly rent for these 2 open units combined would be around $22,000)-there is room for about a 5% increase in fair market rent for the units on a month-to-month lease-the expenses paid by the owner are taxes, insurance, utilities, snow removal, cleaning the common areas and minimal maintenance-yearly rent $133,560-yearly NOI of $103,447QUESTIONS-what are people seeing for office/retail CAP rates?

They come in the spring/summer to escape the heat and for Bluegrass Festival, Frontier Days, Rodeo, Etc, They come in the fall/winter for the snow, Christmas activities (it's called the Christmas City).

For Country Club Hills as a landlord you must hire lawn and snow landscapers and you are not able to put the service on your tenants as is the benefit in most SFH scenarios.  

The smaller beach units will likely house snow birds and those who can work remote in the off season, but that bigger property is going to do better gross. 

Lawncare and/or snow removal?

I’ve dealt with a bunch between hurricanes / snow storms/etcFor hurricane Ian (coming to my area) - I just gave a refund as when it was headed directly for my market.

We don't believe there is anything that needs to be done with her lease, so we reply "Noted, sorry about your loss"4) Day 6: dishwasher leaks so much soap duds in the kitchen that it looks like it snowed there.

I've seen as many as seven...surprising the structure could hold the weight with added load of snow in winter!

I started my own snow removal business this year to hopefully get in touch with some property owners and to save up some money!

Sky lodge rentals don't do as well during low-snow seasons in the Berkshires.