I still think it is a good area to invest in despite the increases in cost.  

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...

The most successful investors systemize and delegate.How to Let Go (Without Losing Control)🔹 Automate – Use rent collection software, project management tools, and automated messaging for tenants.🔹 Delegate – If you’re spending hours on tasks that someone else can do for $20 an hour, it’s time to outsource.

hi. try radiators on the bottom walls in every room except the kitchen. try increasing the rents. try talking to the clients about the heat situation. try removing the heated baseboards. do something before something happens to you!

Co-living is how I went from renting a room, Delivering Dominos, no savings, and not being able to qualify for a loan to financial freedom & a $2M net worth in 15 months.  

I rent through Furnished Finder which has a standard rental contract. 

Combined with increasing supply, what could this reasonably do to MF market and syndications near term, ie next 1-2 years? 

The price-to-rent ratio is also low.  

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

I think it will cost more to heat with electric, which will drive down his rent rates and hurt his bottom line.