The investor must consider whether the potential property value increase or other benefits outweigh this loss. 

Owner occupied united increased by 8.4%"Still, although the overall share of households that rented decreased, the number of rented units increased by over a million units (43.3 million to 44.6 million)."

With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really has gotten harder to make these deals work.

As other people have mentioned, does it increase risk of being rent controlled down the road?

Keep in mind, adding "cute", and upgrading things won't increase your rent or ARV past what the market in that area will tell you is the max. 

DM us if you'd like more info on the Detroit market - which increased another 20% in 2024!

Do the schools have increasing or decreasing student enrollment?

Consider creating blogs, social media posts, or short videos on:•How to handle late-paying tenants•What to do if a tenant damages your property•Best practices for tenant screening•How to legally increase rent without losing tenants•By answering common landlord headaches, you’ll attract leads who already see you as a trusted expert.4.Market to Investors•Many property investors want a one-stop shop—someone who can help them buy, manage, and eventually sell their rental properties.

Aside from the increased rental value, properties that are on water, or have a view of the water, are going to appreciate in value at a higher rate than the others.

This would increase housing supply, helping to lower costs while promoting homeownership—a key goal for municipalities nationwide.With more homes available, renters could transition to homeowners, giving them a stronger stake in their communities and the opportunity to build wealth.