While we still earn a respectable W2 income along with passive net cash flow from rental portfolio, the reduction in consumption has proven powerful in increasing our rental investment potential.  

Bandit signs well people think I'm crazy every time I mention that i would steal people bandit signs clear them off with rubbing alcohol and simply write my own messages on it.

They play loud music, use alcohol and other substances, are generally loud and sometimes even have cookouts.

I guess I haven't met those young people or perhaps I am not involved with that consumption-oriented crowd.

All short term rentals are prohibited from serving or providing food and alcohol and from posting outdoor signage.A short term rental is a dwelling unit that is rented, leased or otherwise assigned for a tenancy of less than 30 consecutive days.

The statistical average is 30% more consumption with water when the landlord pays for it and the amount is actually higher with loss as they are slow to report leaks which turn a 100 problem into a 500 problem by the time you find it.

Additionally, many do not consume alcohol or drugs for religious or cultural reasons.The above boarding house is setup as a duplex with the "girls" upstairs and the "boys" downstairs.

Regarding home owners that are current on their mortgages, I don't know if I agree that the resulting mortgage payment savings will result in a dollar for dollar increase in consumption.

We're in Portland, Oregon and very few cases can you hit the 1% "rule", and if you do you have to be creative.I wanted to share a win today that has been in the making for the past 10 months because I think it is a good example of what a low cap environment looks like and what a solid base hit looks like for those that want to invest in small multifamily deals.Here are the details on the property:9-units in an up-and-coming neighborhood Purchase price: $1,550,000Cap rate: 4.5%Average rent was ~$995 and Owner was paying for garbage and water/sewerWhen we took over we immediately had a couple units turn over, which was great because we wanted to get in there to do some upgrades (we do a lot on the sustainability side that include reducing hazardous building materials, energy efficiency upgrades, bike storage, decreasing utility consumption, etc).

Take a rag with denatured alcohol and rub it.