Meanwhile, co-living models like PadSplit are winning legal battles, proving to be a sustainable, long-term housing alternative.🔹 Airbnb is Facing Increasing Restrictions:New York City has implemented strict rules requiring hosts to register and be physically present, effectively banning many short-term rentals.Dallas and Atlanta have passed zoning laws banning short-term rentals in residential areas.California cities like San Francisco and Los Angeles are ramping up enforcement with hefty fines for non-compliant listings.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

Leasing, technology, interest rates, sustainability, AI, etc?

Same carpet in b+ area will get 10 years plus.i stand by my sustaining maintenance/cap ex estimate and hope my response indicates why.  

With mortgage rates close to 7% and generally soft homebuying sentiment, strength in existing home sales is unlikely to be sustained," said Alice Zheng, an economist at Citigroup.

And a SUSTAINABLE approach to rental property ownership. 

Just like everyone, we want to build wealth that is sustainable and I know that real estate is the way but I'm not sure how to get rolling.   

I claim if you properly allocate for sustained expenses this is negative cash flow. 

Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I've been considering some options in the NY Capitol region, as well as NJ and CT.

Do you think this trend is sustainable, or could we see a shift in the market soon?

I'm seeking references for a few great rehab contractors in the Tampa Bay region.