They are both growing rapidly and expanding their tourism segments.

Only then will we see the rapid decline in the housing market.  

I recently had an applicant who supposedly had their identity stolen. They had a low credit score but beyond that, they were a solid applicant based on their application and references. I ran a background check throug...

What are your tenant right laws like in Cedar Rapids?

Larger, experienced shops likely less so, but with these groups even if they have some problem deals it’ll amount to a headwind to overall performance of a very large portfolio rather than a disaster that brings down the firm.The 2020 to 2023 period saw several very active “newer” groups who were rapidly scaling and in some cases dominating acquisitions.  

Property is a 3bed, 2ba SFH (Cedar Rapids, IA) listed for $96k (was purchased in March '24 for $90k...looking into that)Market rent is $1,300 (could nudge up $50 maybe).

During the pandemic years, it became increasingly popular to lease month to month which creates opportunity to increase rents rapidly on in place tenants.I'm buying a condo this month in which the tenant agreed to stay and signed a new lease raising his rent $250 per month. 

It's in Grand Rapids, MI for reference.

We saw this once already in the past twelve months and bond yields and mortgage rates climbed rapidly in a few weeks. - A lot of your decision will come down to your personal risk tolerance.

The strong market demand in the area indicated a high likelihood of a rapid turnaround.