And 99% of the time that happens at tenant turnover...not 7 months into their leaseIf the market "softens" then I may pause any increases, but I never drop the rental rate unless the market plummets.

Just provide that with a simple LOX stating your plans changed and now you plan to hold.

However, the greater metro area fared a bit better with a 1.2% YoY increase to $443,065.

Not a simple task as HDC suggests.

I've searched and cannot find a website that will show days on market and a rent amount (per sqft or beds/baths) and whether they are increasing/decreasing, etc... 

My market is showing increased revenue and ADR YOY going into late 2023 and 2024. 75% occupancy for my place last year that went strong all the way through the holidays.

The reality is, it can be very simple. 

I sold the Ashford Lodge & other properties and Packwood and Ranier as STR's, and think those markets are just undervalued and under-discovered enough to have a good run of appreciation and increased rents ahead of them.

@Tyler Kowalczik- thanks for the post ....1) get pre approved for a nypotehtical  scenario  so that  you  can make sure you can get  financing and also  so you  can  become familar with the process  2)  you will need a  down payment of  15% or more   3) once you know what a  possible  realistic  loan payment  looks like - do your  reserach on  what  rental incomes  are  realistic  and  this should help with your  decsion making .....the prices are  high in LV ...Port angeles  or  P townsend  might be  better ......consider  Kitsap county  ( although its  been  increasing in value )

pid=2061Houston Real Estate Highlights in February, 2024;-Single-family home sales rose 7.6 percent year-over-year, the third increase in the past year;-Days on Market (DOM) for single-family homes went from 64 to 57 days;-Total property sales rose 7.0 percent with 7,541 units sold;-Total dollar volume was up 11.8 percent to $2.9 billion;-The single-family median price rose 3.0 percent to $329,686;-The single-family average price rose 4.1 percent to $400,252; -Single-family home months of inventory registered a 3.4-months supply, up from 2.5 months a year earlier;-Townhome/condominium sales continue to decline, falling 8.1 percent, with the median price up 8.9 percent to $237,500 and the average price up 5.5 percent to $258,587.