@Sean KuhnI like fixed rate 15 or 30 year amort.While you plan on paying off the mortgages within the 5 years, things happen and 5 years is a long time to predict the future, but a very short time when there is a balloon hanging over your head.While nobody likes all the Fannie regs, the lower fixed rates are worth going after.There was a post at the National Real Estate Post, just today about how people would rather spend a night in jail, or gain 10 pounds than go through the mortgage process.http://thenationalrealestatepost.com/hilarious-mortgage-survey-is-very-revealing/?

Good evening BP! Where do you for see the market going in 2023 and will it change how you go about investing this year? 

Experts predict a desirable mid-fives range for buyers next year.

I have now switched to a 30 day notice because I will be ok with frivolous cancellations that happen 30 days out.At 3%, Airbnb's service fee structure is both more predictable and less expensive than other platforms that charge you both a service fee and a payment processing fee.

Best to stay within the law if you are expecting to run your rental as a business with predictable, repeatable revenue.

Seems like exactly as I was predicting.

A lot of big time investors are predicting a pretty big influx of foreclosures coming in 2021 with everything thats currently going on.

Red States tend to have much more affordable housing than Blue States, I believe.The real problem is that Wages have effectively been stagnating over decades while Shelter has steadily increased for both Ownership and Rent.Where there are much larger population, there is a change towards renting rather than owning because the most recent TWO generations actually cannot afford to purchase a home.That lead to a huge increase in Renters.With the YUGE increase in Renters, naturally, there will be a push to enact laws that are biased for Renters... at least seemingly biased (we know that virtually all Economists predict that Rent Regulations will inevitably cause the remaining market apt rents to rise as well as a extreme time frames to get a rent regulated apt which can be as much as 30 years).My guess is that if Red States start shifting towards renters from Home Ownership in general, over time, they will begin the process of implementing some sort of rent regulations eventually.SO.... my thoughts, which can be wrong, I admit, is that once the population of renters reach a high majority over home owners AND there is a significant shortage of affordable renting options, rent regulations is inevitable.The only way rent regulations will not happen is if there is either no short supply of apts for the large demands of renters.So is it Red versus Blue or is it Renters versus Landlords?

How do you more accurately predict rehab costs during your fist one?

Nashville has been consistently in the top 5 markets nationwide and is predicted to continue in the future.