I understand that markets which have an excess of capital are competing against each other for ascension.

The new released estimated total of the effected areas is now in excess of $250 Billion.

The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.

You should connect with @Fed Finjap; I just saw on another post that he is also buying in the Chicago neighborhood ofLakeview and he recently went through some lessons learned on a 3 flat in Chicago.Check out his post:  https://www.biggerpockets.com/forums/922/topics/1223655-refl...

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market. 

In markets like Raleigh, some agents now work on retainer or flat fees instead of commission splits.Why Commit?

Even the $85 per yard mow seems excessive. 

It's not the best place to invest in real estate, though having said that, I did recently purchase a flat.

We can draw this conclusion when we see the offering in question showing projected returns far in excess of what we know is achievable without an undo degree of risk. 

The reason I say this is because Europe experienced the exact same spike in inflation, except they never increased M2 like we did, it's just flat.