A simple explanation might be that rents have increased to offset higher mortgage costs, but what about property owners who locked in rates below 4%—or even 3%?

Largely, the appreciation in housing prices is coming from both new migrants and investors coming from the East (GTA) as well as international countries (predominately from the middle east).We are also seeing drastic increases in the rental rates which in turn are pushing investment property prices up as well.

Quote from @Dan Hertler: I currently manage some of my out of state rentals, but would like to create my own property management business locally in New York (Long Island). 

BP is a great place to learn the business.

Strategic pricing and market positioning were key factors in increasing the property’s value.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

Maybe she will find a niche in your future business that suits her, but there is nothing wrong with you guys having separate interests and abilities.

Quote from @Shema Cochrane: @Amir Twig I've never been a fan of cold calling but I agree that it's great for adding that personal touch to your business. 

In the meantime learn and figure out how to increase income/savings.

Code enforcement in Coronado is stricter than the rest of the city, and it does fall under the coastal commission jurisdiction.Depending on the parameters of the flip you can safely factor for an increase in your timeline for permitting of about 30 days.