Despite the storms in W FL we are seeing YoY rate and occupancy increases 24-25.  

.- If interest rates remain high, this is further upward pressure on rents in the near-term, as the alternative to renting - buying a home with a mortgage, is expensive - this should increase demand for rentals. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

There doesn’t seem to be a lot of great deals where I am since land has increased in value so much in the last few years.

However, San Diego is an extreme case.However rents increase fast in San Diego.  

You increase the likelihood that you continue to receive that $8,500 each month. 

All this makes for great guest reviews and helps increase revenues. 

For more expensive properties, the flat fee means the credit/refund increases exponentially, like $19,000 on a $1 million property.4.

The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

Capitalized costs increase the basis and depreciation deductions over 27.5 years.

The shorter the prepayment term has an impact on increasing the rate.4.