Hopefully, I would increase the value of the property in 1-2 years and be able to refi out of the FHA mortgage.

They become renters, MASS increase of renters.

Not a tourist destination, but very popular and is experiencing rapid growth.

Their taxes have increased dramatically over the past 4 years, 150-200% increase across the board.

You increase rents every year rents aren’t dropping.

Rent rates have increased so quickly over the last few years.

This isn’t about immediate affordability; it’s about creating a sustainable system that gradually reduces costs and increases accessibility through scale and efficiency.Institutionalizing Cultural and Economic ValueSimilar to how pension funds and university endowments operate, this model institutionalizes cultural value.

Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's  a safe amount. 

But Metro Phoenix is a leader in rent increases.

Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.