Since electricity and water is included in our rent, we also have a clause stating that if the monthly bill doubles compared to the month-comparable bill from the prior year, then the excess will be assessed as a fee.

It was a nightmare with people sharing amenities and complaining one of the parties were being too loud, or drunk, etc.Not exactly comparing apples to apples but that turned me off to trying to do any more shared spaces. 

@Nikhil MascarenhasDifferent people go different routes depending on their risk tolerance, their amount of equity and compared to other assets owned, how patient they are with a complicated set-up and high legal fees, whether they view the $800 as game-changing or just a cost of doing business, etc. 

Despite a slight decrease in total sales (-1.2% compared to 2023), average home prices have risen by 8.5%, with median home prices around $275,000 as of August 2024.

The interest rate being paid on the debt as compared to the interest rate to be paid on new debt used to purchase a property.

Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.

Yeh, I don't have anything to compare to that.

I went one for one down the coverages comparing US Coastal and Proper and I did much better with US Coastal.  

You'll likely find that some areas don't cash flow based on their rent amount compared to price points.

The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.