Indiana: Pros: Efficient eviction process, low property taxes, and a low cost of living which can translate to good cash flow properties.

The fuel savings, according to the NHTSA, should translate into about “$600 less in gas costs over the life of a new vehicle.”

But the fact that you already have property on the land should hopefully translate into it being ultimately approved. 

That the "work life balance" is almost directly translating as a remote whatever working situation. 

Typically from what I have seen in Florida, it doesn't translate value / appraisal wise dollar for dollar, it's a factor of.

That translates to a NET LOSS for your 8 unit property, just because 2 people couldn't pay, or the unit sat empty, etc.  

This translates to 2-4 weeks of unpaid rent per house per year in our reserve fund on top of maintenance reserves.

they know about kitchen renovation too LOL :The property value of 22757 Charlemont Pl in Woodland Hills, CA has increased significantly over the years.The key details on the property value changes are:In August 2016, the property was sold for $941,000, which translates to around $345 per square foot.In June 2024, the property was sold again for $1,857,500, about 97% higher than the 2016 sale price.The 2024 sale price of $1,857,500 for the 2,730 square foot home equates to approximately $680 per square foot.So in the span of around 8 years from 2016 to 2024, the property value nearly doubled, increasing from $941,000 to $1,857,500.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

Something is getting lost in translation.