Those "projected" rents could be totally whimsical, the proforma could understate expenses, etc, and you're buying the apartment today. 

Purchase price: $199,900 My first real estate purchase, which I converted into a short-term rental, I rented for half the year when I was away.

Then in 1 full year you have a rental property with more than (1) rent per month.

This goes for any landlord if the rent is late start the process.

So this gives an option to sell or rent.

I currently have two duplexes right now that I should be getting the 1% rule once it's fully rented out.

Occupancy rates remained robust at 74.1%, outperforming the national average by 0.9 percentage points.Asking and Effective Rent (ADR and RevPAR)ADR for all tiers is projected to grow steadily over the next few years:- 2024: $193- 2025: $197- 2026: $200- 2027: $204- 2028: $209RevPAR is also expected to show consistent growth:- 2024: $155- 2025: $160- 2026: $163- 2027: $166- 2028: $169Upper-tier properties command a significant premium, with ADR forecast to be $233 in 2024, compared to $122 for lower-tier properties.

You might transition that to a question like, "If your lease ended at the end of the month, would you continue renting and why?"

What are you going to do with it - wholesale, flip or rent?

The rents are quite high in and around my area.