The trend is your friend.

Sometimes we have uncertainty with things like the market trends and interest rates.  

However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from September to October, bucking the seasonal trend.

Continuous evaluation of market trends also played a key role in setting the optimal sale price.

Curious, have you noticed this trend in other areas too? 

The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

.)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

It's cultural actually LOLback in early 2000 before all these ADU becomes a trend, some part of the city in San Jose is already congested becayse many houses are already having too many ADU, converted rooms, rent by room and so on and so on.

Sites like Census.gov or Zillow's market trends can give great insights.

•Are there specific trends or tenant preferences in El Cajon that I should consider?