It’s when homeowners who locked in ultra-low mortgage rates during the pandemic hesitate to sell because moving would mean trading up to much higher rates.

If they called you first, would you have made a different decision?

I appreciate the input and with think through this decision.

This goes the same for calculating rents in the area, I what to know the real data.. i.e. from the MLS, or insurance from the broker/insurance agent to make the right decision.

It also sounds like they are unsure about renewing the lease so I would ask them when they will make a decision on if they want to renew the lease or not.

This is the emotional journey I went through and the key business decisions I made along the way.

We had a couple companies come in and give wild quotes to rework our system, then found a guy who showed up with schematics and trade journal articles on our particular system, spent 2 hours educating us on it, then cost about $500 to go around and fix all the crappy work previous "contractors" did to the system to try "fixing" it. 

Don't let taxes drive your investment decision.

When a Class A apartment can be had for the same price as a Class B/C renovated unit, the B/C operator drops prices, and so on.But, in terms of making an investment decision, I think it is short sighted to rely purely on full market average data.  

All contractors (no matter the trade) are businesses, and should be run as such.