I average these two numbers and use that as a baseline, adding a reasonable buffer to set the threshold.This approach helps ensure that tenants don’t feel micromanaged but also protects you from excessive utility usage.

Feel free to ask anything, anytime.Cheers!

I would not put Luxe in any STR, even a higher end one as I feel the standard is comfortable and nice. 

I'll keep an eye on this post as my property management and I have talked about this a few times and I'm really feeling the squeeze on my heat and oil this year on my 11 Unit. 

Ultimately, I realized that trying to wait for a perfect moment feels a lot like attempting to time the stock market or predict a real estate bubble.There may be advantages to waiting and seeing how the election affects market policies, but it's hard to predict when those policies will take effect or how they’ll impact the market.

And the size of the duplex and bed/baths depends on the size of lot, location, and what we best feel would rent best and all the other factors. 

Please feel free to schedule a call on my calendar to discuss our experience in Indy.https://calendly.com/lordoftheinns

If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!

Feel free to PM if you'd like. 

This year feels different, and I'm hearing many landlords complain they can't find renters.