However, this is not really effective in the real world.

https://www.biggerpockets.com/forums/93/topics/1224328-new-l...here is a thread I just did on Oregons new law that takes effect July 1 2025.

Tools like BiggerPockets Calculators and rent estimation tools are incredibly helpful.

I don't disagree that it is a good tool for someone just starting.Now, should folks be using such tools in the first place?

Are there specific metrics or tools you rely on?

Currently you have a STR lease and can effectively move anywhere the job market takes you.

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.

It's one tool for them in a fight for affordable housing.

@James Wise MICHIGAN UPDATE: new law went into effect January 2, that landlords can no longer discriminate on tenant income source.

Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.