Each market is different but as a national average, the increasing rates have increased the inventory.

Quote from @Rich Davis: I know there have been posts regarding the ever increasing cost of insurance.  

What is great about teak is wild teak is drastically diminishing while the demand is increasing.

We just had a section 8 tenant where the rent increase was approved from 995 to 1295 because of shortage and market rents for similar homes.

Rents have increased significantly over the past few years.  

If you decide not to renew their lease or increase their rent they need a 60 day notice, and you have to notify S8 as well.Outside of those 2 exceptions your tenant should follow the lease like everyone else.

Build your portfolio as your knowledge and wealth increase. 

Hoping (SD) rental amounts have increased and renting it out/refinance if able/eating the cost. 4.

I know taxes and insurance have gone up a lot in that time so I understand that problem but the solid rent increases in that time have been able to cover most of that (at least for me it has worked out).

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