In our market, we are seeing more MTR providers.

Sorry if this has been covered before, we are located in Minnesota if that matters.   

There are far too many regulations, the transaction is a much longer process, and we are talking about someone's biggest purchase.

We are getting a terrible return on our equity but I guess that happens when you are hovering around a 50% global LTV. 

We are seeing great appreciation and stability in the city right now.

I agree that Tampa is not the worst (yet) but I believe we are trending in that direction.

But we are just the bridge money..

We are only allowed to screen non-tenant applicants for criminal and rental history, nothing financially related. 

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

We are in a constricted market cycle, low volume, strained budgets, high costs.