In May of 2021, it stayed about the same, only slipping half a percentage point to 94.6%.National Multifamily Housing Council​In addition, while a bit old, Apartment List's survey of tenants in September of last year found that while those paying their rent in the first week had declined from the beginning of the pandemic, those paying all their rent by the end of the month had slightly improved from 89% in April to 90% in September.Apartment ListFinally, a Realty Income report found that rent collection had stabilized in March of 2021 for commercial tenants.And much of those late rents are the accumulation of tenants that are behind and cannot be evicted because of various moratoriums.

Smart, high-percentage play, Alonzo.

@Adam L. what percentage of your investable capital would this represent?

yes, sponsors have set percentages they take out for overhead

@Stone Jin I have found quality tenants through Facebook Marketplace but I agree that percentage wise there are better quality leads through the other sites. 

Higher percentage play = higher chance of success. 

You have to focus on 2 things at all times: ADR (Average Daily Rate) and Occupancy percentage (how often your property is booked).

I would not do deal if I wasn't on the paperwork and an agreed to percentage I am entitled to.

I have used this for groceries mainly, In terms of my spending, this is a pretty significant percentage and makes me wonder if I really need to focus on saving as much as maximizing my earnings.

Condition wise both will start to degrade but the market appreciation will likely outpace this condition depreciation.The BRRRR unit (assuming good rehab) is likely to rent for more than a small new ADU.So the BRRRR after refi will cost you less (especially as a percentage of total value), will result in more rent, and likely appreciate similar to the RE with the ADU.The key is to do the BRRRR right starting with finding the good candidate RE at the right price.