I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings of 12 unit apartments.

Rooms need to be a set size for rentals; smaller rooms always rent for more money per sq ft (99% of the time with moderate rentals). 

However, with continued growth in population and new jobs, forecasts indicate that 2024 will still be higher than the 10-year average for residential construction, a study from the City’s Long-Range Planning Division reveals.Photo credit: GTEC/Marty SellersThe 2023 Huntsville Development Review showed the city’s population is continuing to grow even as the real estate market for single-family homes moderates.

Am comfortable with income from 1M 4d nxt 30yrs at fairly moderate return of 7% ...Once again thanks and am following ur post keenly.

I have the moderate cancellation policy through AirBnB, and our guest did not cancel 5 days out, so they are being charged a fee. 

I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings of 12 unit apartments.

…these are the types of safety issues you’ll need to consider when house hacking…Moderately important: Storage.

In the short term the investment was not profitable, in the long run, appreciation and market changes gave me some moderate profit.

The issue I find is that when I go to list my units, which are clean and moderately upgraded apartments in Little Havana and Allapattah I literally have 70 applicants in 24hrs via facebook marketplace or through the apartment rental platform my property management software interfaces with (like Apartments.com etc).So when I have 70 people lining up with first, last and deposit with no other middleman or agency impeding the process or requiring inspections or causing delays or requesting additional paperwork be filled out where is my incentive to go the section 8 route?

I have witnessed where NEWBIEs are having moderate cash-on-cash returns in TAMPA BAY area.