The same way you carry some account balance for an emergency in a household budget.

I would like to send direct mailers to every resident in one particular condominium building but I do not know how to get this done and don't want to use a real estate agent. 

Crosscheck median family income and household price growth on sites like census.gov and city-data.

Currently my condominium sends utility statement with 1.5 mths backdated meter readings.

"The significance of this phenomenon is that, similar to ordinary income tax rates, generating “too much” in capital gains can drive the household up into higher capital gains tax rates.

However, is this just showing me that these areas have a high level of lower-income households.

I own two condominium units in LA, one of which I currently live in and looking to rent out.

-Total dollar volume for full-year 2023 fell 12.6 percent to $40B;-December single-family home sales fell 6.2 percent year-over-year with 6,103 units sold;-Total December property sales declined 4.9 percent to 7,395 units;-Total dollar volume for December fell 3.7 percent to $2.9B;-At $330,000, the single-family home median price was unchanged;-The single-family home average price was also unchanged at $407,817;-Single-family homes months of inventory expanded to a 3.3-months supply;-The townhome/condominium market experienced declining sales throughout 2023, and in December, volume fell 7.0 percent with the average price up 6.7 percent to $258,137 and the median price down 9.3 percent to $235,000;-Townhome/condominium inventory grew from a 2.0-months supply to 3.5 months.

I use median household income by zip code and adjacent zips (qualified with boots on the ground assessment).

Here are some rough numbers we're seeing.Studio apartment $3000One bedroom $3200-3500Two bedroom $3500-4000Three bedroom $4500-5500Expenses are similar to STRs: utilities, consumable supplies, occasionally replacing broken or worn down household items and furniture, insurance, and the usual for any property such as maintenance, CAPEX, and taxes.