There is an extreme shortage of labor as well which means that companies will be fighting for available manpower (slim pickings) or recruiting elsewhere creating even more demand for housing/space.

Purchase price: $360,000 Cash invested: $26,000 Sale price: $1,325,000 Bloomfield Mini Storage was approximately 15K square feet with about 1600 of office space ad the remaining being typical drive up access self storage units.

We received the survey of our land/building and noticed that one of the parking spaces is about 75% on our property (see image above).

Partly this is why the market is where it is now... new money coming into the space that has little idea of what constitutes a good deal.

Something I always tell people who are looking to get into the space;  What I recommend is learning the basics- through podcasts and books.

So "heads in beds" is a popular adage in STRs, but how are you all reconciling the increase in sleep count that things like bunk beds and sleeper sofas bring in regards to dining space?

However for the main bathroom(s) I feel they lack the storage space I desire, so I'd use a full size vanity unless you have a lot of extra storage throughout, closets, cabinets, cubbies, shelves, etc.)Tile: Subway tile is still in, but perhaps try using a larger option, like a 4 x 16 tile.

Note that if you're on the sell side, other small things may be brought up like missing handrails, window sills/rotted trim, ventilation in attic space.

I am contingent on a great mixed use RV park with a duplex, two cottages and 18 RV spaces.

Other strategies include... finding a way to split a single family into multiple separate living spaces (The main floor, and basement. or converting a garage, or an existing ADU), Short term rentals (just be careful with city regulations), or furnished mid-term rentals (Travel nurses, or other contract-based workers).