Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Kendall Garrison, CEO of Amplify Credit Union, recently said, “The good news is that we are moving toward a more sustainable level of inventory, which will provide price stability for sellers and more choices for buyers.

Is anyone using a good inventory management system to track supplies in your STR?  

pid=2096Houston Real Estate Highlights in June, 2024:-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 46 days;-Total property sales were down 13.6 percent with 9,133 units sold;-Total dollar volume declined 12.2 percent to $3.8 billion;-The single-family median price was statistically flat at $345,500;-The single-family average price was statistically flat at $432,090; -Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June;-Townhome/condominium sales continued to decline, falling 19.9 percent, with the median price up 12.1 percent to $241,000 and the average price up 7.8 percent to $271,356.

That well has supplied water to my new property for 40+ years.

So logic dictates that eventually demand will exceed supply in greater numbers within the next few years and we might start seeing higher rent growth/appreciation again.However, I don't know that it means you should lose money every month in the hopes that eventually happen.

Regularly vacuum, mop, and clean surfaces in keeping mold from growing.

Just regular business income?

Can anyone recommend some good local investment groups that gather on a regular basis in my area?

It earns more than a regular savings or money market account.

His arguments: what did you do to regularly inspect, it's to code, the planning department inspected?