If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.

By prioritizing five-star reviews, I built a strong reputation, which led to increased bookings and higher profitability.

Investing in a new construction duplex or quad in a high-growth market is a smart approach—both for immediate cost savings and long-term cash flow.I also agree that focusing on markets with strong job growth and population increases is key.

Quote from @Justin Brin: I created a heat map showing the population changes in each state over the past five years (2020–2024).The states experiencing the largest population increases are Florida, Texas, Utah, Arizona, and South Carolina.

It could be as soon as next week that I'll be back in Austin, so I wanted to see the likelihood of doing a single flip, for the first year, and what this looks like financially over time as we increase.

DM us if you'd like more info on the Detroit market - which increased another 20% in 2024!

I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

Given his spending habits during his first term, it might be a wash.Costs to build new properties will probably increase.

If Oak Park allows STRs, leveraging that history could make the property stand out.That said, unless the home has been preserved as a landmark or has unique historical features, the value boost may be more about novelty than a significant price increase.