We found out the property was broke into at 4 am yesterday and the newer furnace/ac were stolen along with some damage to the hardwood floors and the front door where they pried it open with a crow bar. 

(Question 1)My friends expressed concerns about Steve potential retaliation, maybe in ways that I might not be able to directly identify him for (e.g. causing damage to appliances in the common area and I would have no way of knowing who did it.)

Occupancy rates remained robust at 74.1%, outperforming the national average by 0.9 percentage points.Asking and Effective Rent (ADR and RevPAR)ADR for all tiers is projected to grow steadily over the next few years:- 2024: $193- 2025: $197- 2026: $200- 2027: $204- 2028: $209RevPAR is also expected to show consistent growth:- 2024: $155- 2025: $160- 2026: $163- 2027: $166- 2028: $169Upper-tier properties command a significant premium, with ADR forecast to be $233 in 2024, compared to $122 for lower-tier properties.

Currently, we have $220,000 in equity and value added.I’m inclined to hold off on a refinance cash-out until I secure another deal where those funds can be effectively utilized.

Quote from @Jose Ramirez: I wonder if anyone can give me your feedback on umbrella insurance State Farm called me and told me that I should open a umbrella policy for my rental properties Most umbrella policies don’t cover business pursuits, nor losses from having too low damage coverage.

Offer to help them move before it takes effect (hopefully they go along with a date).

Did not sign up for any of the coaching so can't speak to the effectiveness but at this time I feel as though the path I am taking to be the most profitable.  

And you have no risk of evictions and, depending on your management company, you get most of your damages covered even.So I'm wondering if maybe investors just need to see the actual proformas and what these numbers look like with some basic assumptions (i.e. annual rent increases, annual appreciation) to really hit home how good these numbers truly are.   

Went into effect several years ago (2021).

We agree that rent control is not an effective tool.