Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

According to the latest data, annual asking rents for apartments across the nation increased by 10 basis points, bringing the average growth rate to 1.2%.

Add some furniture, curtains, park a car in the driveway.

The appreciation rate is far above national average and consistent for buy and hold.

I am down in North Park if you want to connect.

I have 6 acres under contract to develop a flex business park.

Who owns a STR or MTR in Fresno, Visalia, or toward the national park?

They also parked their large truck behind the building overnight when it rained and it got stuck on top of the water/sewage lines coming out of the building.

Can the property repay with cashflow (not typically looked at for SFR but for 2nds we do on properties like mobile home parks with super low LTV, we have to know they can pay off with property income and not a refi since most bank loans I've seen on these asset classes is closer to the 50-55% LTV mark.)Just a few thoughts off the top of my head.

I am shocked that an increase could come at this scale YOY and am considering deploying the capital elsewhere to prevent any future loss on valuation.Have any other owners in CO or nationally experienced a massive increase like this in 2024?