Largely is because renters are not going to watch their electricity usage patterns, which makes it is hard to dial in the right system config to anticipate the load.

And anticipated LTV.

Given the current macro-economic climate, many people (myself included) anticipate a significant draw down in the US housing market (and economy as a whole) over the next 12-18 months.

That profit was eaten up by the valuation of the asset being off, and finding the borrower for DIL was longer than anticipated.

I would anticipate roughly 20-40k depending on how deep you have to go.

However, as I said an investor could strike an honest deal anticipating that the property will sell for more than the taxes owed and be willing to gamble on that.

We are not building but lending and buying defaulted loans on new builds and the uptick in defaulted loans on new builds we have seen a big uptick because pricing is not where it was anticipated.

Why type of price point are you looking, what anticipated ROI/cash flow, how much time do you want to be involved in, what is your risk threshold, how long do you plan to hold the property, are you looking to invest locally or open to exploring other markets, etc.? 

For the anticipated cap ex, would you just put that monthly in some reserve fund and wait for that to come up eventually? 

The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.