I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.

They have increased in value, and our rents have increased by more than 45% overall.

If you know the 2 bedroom median rent in the area, population trends and the last time rent was raised that's helpful too

How do SFHs fare in competition with these rentals as supply increases?

Because here, the proposal would increase property taxes about 5x.  

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

Money makes you happy only so often.But a good place to work keeps you happy every day you show up.Yes, 𝗺𝗼𝗻𝗲𝘆 plays a vital role.But 𝘸𝘩𝘦𝘳𝘦 you work?That’s what really makes you happy.A good workplace doesn't happen ...

Since the last report, we have seen a significant increase to Median Price of New Listings, from $227,950 to $241,450.

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game.