It's a very interesting concept to address housing shortages in specific areas.Concerns:What happens when they inevitably expand too quickly?

Trust me, you will have no shortage of audience. 

Make sure all your documentation is in order in case he decides to sue (unlikely) or file a complaint with the state.Once you get rid of him, it may be worth eating the $1,300 shortage just to be done with the guy.

This is caused by many years of low interest rates, high construction costs & supply shortages, along with high demand from millennials buying first and move-up homes at the same time baby boomers want to downsize. 

For the most part, they should pay for any penalties from the tax authority but at the end of the day, if you weren't paying for the taxes through escrow, and they weren't disbursing to the tax authority, but now you are and now they have, it makes sense the payment went up because they are covering the shortage for the period you weren't paying.

Best wishesMilwaukee has been on a steady 7-8% climb for the last 10 years, we have a chronic housing shortage and according to rentcafe 2024 we are the second most competitive market for tenants only second to Miami, FL.

I know this is a good idea due to a current a shortage of single family homes for that price range.

I have always heard there's a shortage of nurses and high demand for them, so thought this could be interesting.

We have been lucky so far but landlords are increasing rent insanely around here because there is a housing shortage. 

I could provide you with a list of properties nationwide, but I'll tell you that our area (Charlotte, NC) we have a huge lack of inventory (major housing shortage), with 135 people per day moving here- so that would be a great market to consider.