Lets see if in 10 or 12 years has Portland become a model city that other municipalities want to emulate, or if it will have fallen into poverty and destitution--looking for endless federal government handouts to solve its decay, and other problems.I remember a city in the past that was much much greater than Portland, that quickly fell into destitution from lawlessness and STUPID decisions, that to this day is consider by many a "No-Go Zone".

However, this reduction in risk doesn't nearly counteract the additional risk of the higher leverage, but it's something to keep in mind.

If you're dealing with plaster and lathe be ready to pull down the plaster and completely re-sheetrock the house.Most of the time, wallpaper was used to cover cracking, decaying, and beyond end-of-life plaster.

'  - it appears decay in gross margins will continue into the future'...we have recorded inventory valuation adjustments of $573 million ... during the three ... months ended September 30, 2022' - It seems this impairment will impact future quarters when the sales are realized.

I think a lot of new investors look at the allure of STR and see the big revenue numbers and forget how much damage your house and your furniture and your furnishings will take with guest after guest after guest staying in your houseIf you let your house and the furniture and the furnishings fall into a state of decay, what originally started as a big moneymaker will instead become a constant source of guest complaints and bad reviews and headaches and sleepless nights (for you & your guests!)

We got a complaint from a neighbor about the smell/possible dead body--you could smell it from the outside, I literally thought I was walking into a homicide... but when we got inside, there was decaying chicken in the kitchen, maggots, bugs, everything on it.   

Midtown is pretty awful in terms of cashflow opportunities so to counteract that and get better at deal analysis, I’m going to analyze the deal with the current asking price and then counter offer with a deal that would make sense for my goals.

These strategies help counteract the negative effects of inflation, such as rising prices and decreased real returns, allowing individuals to navigate economic uncertainties with greater confidence and resilience.

To counteract the effects of inflation, your rental income must keep pace with it.

This home is 100 years old and the issues stem from the building techniques used 100 years ago and typically decay, from what the engineer has explained.