There are a lot of sketchy people living as roommates, so you want to cast a wide net, screen carefully, and be patient.

Location, property condition and amenities can cause a wide range of rental rates for similar layouts (2 bed 2 bath for example).

Tisch Center of Hospitality, has released a series of CapEx studies showing hotel capital expenditure spending has been half of pre-pandemic amounts in period 2020-2023.The impending debt crunch faced by commercial real estate over the next 18 months has also been widely reported. 

The zoning is RS3, so we'd have to wait til ADUs are allowed city-wide + dig down to meet the ceiling height requirement if we want to make it a third legal unit which is not something that financially makes sense right now.  

It's going remain among the most in-demand cities world wide owning some land there is a really good bet, but you still want to be diligent and appropriate with how you enter.  

The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.

My point is that over 5 or 10 years this type of investment will outperfrom a cash flow property in the hood by a wide margin.You can only buy the best deal the market will allow you at any given time.

I do believe Redfin/Xomee you could export the data and kinda compare contrast and Realtor you could do same just maybe in a zip code, county wide data. 

Hi Daniel, Our group has a wide rage product line to help investors with their financing needs. 

Here in Washington State there is a state wide fund that is used to deal with oil tank leaks; I believe that the fund is paid for by a tax on heating oil