Feel free to adjust the numbers based on your expectations for capex or vacancy rates.

These employers frequently attract new residents and create a steady influx of good quality renters and prospective tenants. 5) The Albuquerque metro area and Central New Mexico enjoy over 310 days of sunshine and a mild climate year-round.

It might take some adjustments, but you’re not far off from making this work! 

It's advertised now at $1500, maybe another adjustment needs to be made. 

You touched on something else important Elliot which is that some of those 'losses' in heat affect/warm areas of a multi-unit in ways that could vary significantly from one building layout, climate, etc to another................................................................................................................................................................................This is a real estate investment forum so the main audience here are investors, not engineers.  

In STR common markets like Gatlinburg this naturally adjusts itself as most homes are STRs so the entire market lifts to meet their cap rates, and they appraise on those cap rates in spirit, even if not technically. 

Once you're at a $3,000 net loss, that amount can offset other income as an adjustment on your tax return. 

It allows for a period of adjustment during down periods and takes advantage of the market's upward trajectory.By projecting returns, considering a solid five-year window, timing the market strategically, and analyzing historical patterns, I've been able to make profitable investments and build lasting wealth.Let me share with you the strategies on creating generational wealth that have worked for me and can work for you, too.Long-Term Mindset.

He seemed to make some odd adjustments on his end.

We only do Drive up Access, non climate controlled.I ask customers how they found us.