Lets dive into the details of February 2024 where data merges with aspirations and positivity shines bright.Single Family Homes; Riding the Waves of OpportunityIn February 2024 Browards market for single family homes showed resilience as it navigated through opportunities with unwavering determination.Despite a decrease of 0.2% in sales compared to the previous year lets stay hopeful as Browards real estate environment demonstrates strength and perseverance.Cash transactions, the lifeblood of deals remained consistent at 28.3% indicating a community that values stability and financial strength.However here comes the exciting part; the median selling price surged to $625,000 showcasing a 11.6% increase from February 2023.

...and how much more revenue are you usually seeing for a MTR compared to a LTR? 

agree with the other comment, different markets are doing different things. also, "be greedy when others are fearful." what people might be afraid of is, lots of commercial ARMs coming up on their rate adjustments, & the new rates (compared to 5y ago when they first purchased) will kill their cashflow, so they'll sell, and if everyone is doing this at once, supply might outweigh demand, everyone has to sell for less than they planned, and everyone who hangs on to their similar properties gets to recalculate their estimated mkt value with the new going cap rates. i don't personally think this is going to cause as insane of a shift as some people do, but it's all speculative, we won't know til it happens. if you can find a deal that pencils with 30y fixed debt, do it. 

In high appreciation markets, accelerated payments or buying cash flow is a horrendous return compared to other options.  

Compared to an FHA loan, a conventional loan with a 5% down payment can have a cheaper monthly mortgage payment.When buying a single-family house, factors to take into account include your financial status, long-term objectives, and required down payment.

I have no idea what the cost would be for some sort of them spraying stuff all over the place, but it might be a small expense compared to losing a valuable tenant.

We never like to deliver this sort of news, but it is an unfortunate necessity in this market.We include the cost for 12 months in our proposals because a lot of investors like to (or their lenders require them to) pay for a year of coverage upfront and it’s easier for them to compare rates.

With an irrevocable trust, for instance, the property is considered outside of the personal estate of the grantor, which can lead to different tax treatments compared to a revocable trust where the grantor maintains control over the assets.When it comes to capital gains tax, it's not just about whether the property is in a trust but also about how long the property was held, the basis at the time of transfer into the trust, and the selling price.

The contractors I have spoken to are coming in high on the price, so I want to get some more comparative data before deciding.

I would like to see how neighborhoodscout compares it to my San Diego market especially over longer durations (10 year plus).