Starting to get competitive though for investment properties because of that reason you have more and more people entering the market from out of state.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Quote from @Atif Khan: Hi, new here. i just finished building my first spec homes out in granbury tx and was looking to buy a few more lots around dfw metroplex.

Now, I’m rebuilding my portfolio while continuing to help others buy and sell homes.

Land is very risky, and being in hawaii makes it even more challenging - thus reason we see higher rates on land. could it be less, yes, it could be in the 15% range but i would be shocked if someone would be in the 10-13% range.

I would be much more specific on pricing.

This idea dc is a company town isn’t really true & the company isn’t going out of business, 20% of the workforce is federal government, if they cut 25% of the federal workforce it would be 5% of the region and of course the vast majority are of these people would get jobs in the private sector, not to mention the government will probably have to rely more heavily on government contractors to fill gaps where the cut.

Huge hole leaking water into the roof, and more.

More Class B tenants will and a LOT of Class C & D will.

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.