This is different from metropolitan areas with unlimited expansion potential, where the construction of new homes limits the growth of rent and home prices of existing properties.DemandThe driver for housing demand is population growth.

It took us 4 mad-dash days to get it ready for its first guest. 

The only issue is this is a corner lot and I can't go over 3 or so feet as drivers need to be able to see around the corner when making turns. 

So would you say the main driver of returns is really price appreciation?

My approach is to look at your up-front costs...what will it take to get the units rent ready or drive rents higher...if you are doing a renovation up-front (or the property is in great condition), you can reduce your maintenance expense significantly and just let CapEx build slowly until you're comfortable.If you want to discuss in further detail, email me and we can look at all the numbers.

Also would appreciate any advice on going forward, as I will have to probably face civil litigation from the contractor who's mad he wasn't given more time etc.

What is the economic driver for the area.?

She must complete your rental application and you must get her SS#, drivers license and other personal info.

The board member got mad at us and gave the guy the money from his retirement account.

@Addam Driver Nice to meet you Addam!