With the increase in prices and competition over the last few years, these figures were so divorced from reality that these people now typically advertise 8% to 10% at the most, which, unsurprisingly, is still higher than reality.

You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

Rents have increased significantly over the past few years.  

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game. 

This is very helpful.I agree and am aware that there is increased risk to an auction property. 

The allowable rent increase is not typically the big issue with rent control, the bigger issue is getting rid of poor tenants that pay their rent.

By the 3rd or 4th year if they aren't the same or have increased we all prob will have bigger problems

With regulations increasing we've been seeing more and more people who want to invest in STRs start investing in Vacation rentals.

It can increase your capacity to pull off certain deals.

That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.