Summary of Key Impacts: Factor Impact of Rent Control Investor Strategy Rental Income Growth Limits rent increases, reducing cash flow Focus on long-term stability or diversify into non-controlled areas Property Valuation May lower property values and Cap Rates Target appreciation potential or mixed-income properties Tenant Turnover Lowers turnover, reducing vacancy rates Maximize tenant retention and provide value-add services Maintenance Costs Reduces available cash for maintenance Improve cost efficiency and pass-through allowable expenses Legal & Compliance Increases regulatory and legal complexities Hire legal advisors and stay updated on local regulations Supply & Demand May increase demand for existing rental units Target high-demand, low-supply areas for long-term appreciation Financing Stricter lending criteria due to limited income growth Use alternative financing and present strong financials Conclusion:Rent control can be a double-edged sword for real estate investors.

Economic conditions, community developments, and market demands constantly reshape the landscape.

Just in maintenance, PM, and vacancy expenses the $1800 is mostly gone... not to mention landscaping, snow removal, insurance, prperty taxes, cap ex, etc...

If it is later in the project, and most of the money is spent, well that is where reserves come in (hopefully those aren't blown through).If you have more time than money, you go in and do work that you would prefer to have hired (i.e. cut new beds and put down mulch yourself versus paying the landscapers...).

I believe unless you see a use for it (having a landscaper keep mower in there, or other handyman stuff) do not spend the time and money; take it down. 

Your STR Market Insights Report is comprehensive, but adding seasonality trends, regulatory environment insights, and a competitive analysis would enhance its value.

I also help other investors get started there with my team.It's a great market but you really need to understand the landscape and risks.

If you have been using expensive vendors, consider switching to more affordable service providers or negotiating bulk discounts for regular services like landscaping or repairs.

What is the landscaping like in these areas?  

I would prioritize the fun parts that are a big drawl (usually the outdoor, pool, landscaping, etc.) as well as kitchen.