Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

My name is Bryce Miller, and I currently live in the Phoenix valley.

I currently have a homeowners plan with Allstate and plan on asking them if they have something like a short term rental rider plan that I can add in addition to my current plan.

Currently rented for $1800/mo.

Hello @Ryan Johnston,The decision to keep or sell a property isn't just about its current performance.

Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move. 

He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

Quote from @Jeffrey Duck: I see no reason to pay an attorney for this, but it's your dime.The current lease was between you and Person B.

I am currently working on my first BRRRR and while walking through the rehab I accidentally stepped in paint then onto my hard wood floors. 

According to several websites, and an AI summary, $100 per month is average for a 900ft apartment this time of year.Switching to electric would make the tenants responsible for the bill, but you would eat the cost of installation and it may drive your rents down because electricity costs are probably much higher than the gas you currently pay.I recommend you do more research before switching anything up.