Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

And those homes had much more recent updates. 

Hopefully you can update us on your experience, on ESS and if you go with DaVinci locks.

I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.

Set clear expectations and establish a process for addressing concerns and updates.

Update on this.  

Mortgage with Taxes included (3,200) HOA (390) Rent Ins (150)Rev: (240)UPDATED ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $138K to Rent for 15 yrsat 6% Appreciation would have $242K to Rent for 15 yrsat 6.5% - $300K(Assuming a conservative 6% ROI on money invested from sale.)I'm still taking a loss every month but not as bigThanks again.

They will also send you an email status update each month as they pay the bank your mortgage payment. 

Any updates on this?

Keep us updated as you analyze deals and how it works out for you!