It already has- this is why AirDna tells people to do FBX area investment - Aurora tourists - many from overseas - come between December and March to Fairbanks - it's a major driver - but also there are some bigger investments targeting those as well. 

Obviously when COVID hit the scene in mid-March, business came to screeching halt.

What’s also interesting about this situation is that we purchased the property March 1, 2020, and within 5 months lost 4 of the 6 tenants during Covid shut down!  

@Christie Dunivant Come to our women’s group tonight or March 25th listed on ft lauderdale BP events page.

For rent stock not rent controlled, the rent should exceed rent control limits (i.e. will be more than $200/month).In March, we had an offer on a property with a value add of an ADU (We pulled out during DD because of an risk with the value add). 

If it were me, I would rip off the band-aid and replace it with LVT. 

Just for context, in the last 50 years, between April 1971 and March 2024, 30-year fixed-rate mortgages averaged 7.74%  In October of 1981, mortgage rates reached an all time high of 18.63% (average) to as low as 2.65% in January of 2021. 

Make your leases end in February or March and go spend some time in Scottsdale before it gets too hot.

"The Term of the lease commences at noon on March 30 and ends noon June 29"Said tenant only gave me $500 on March 22nd and asked if it was ok to give the remaining $500 by March 29th, in which I agreed via text was fine. 

I know cost of living is lower than CO, I know the class b and c areas.