No one can predict where the rates will be in the future, but if it is a significant buy down, it could take a while for market rates to catch up. 

One area where I could use some advice is turning over tenants.

So this site has been one of the most useful resources I've found.  

At one point (it's been a few years since I delt with this) there was a nationwide advertiser (high ranking on Google search) that had contracted with the low cost provider in Denver and had a non-compete clause.

Especially because I have my eye on a few more just like this one! 

Ultimately, the most variable expenses are discretionary ones, such as repairs and maintenance.

My dad taught me decent financials growing up and I'm the only one in my family who hasn't made a financially poor decision(some sort of bad debt or bankruptcy.)

Hello BP, I saw this in one of my FB groups and wanted to share this in the event you were affected - "I’ve worked as a full time licensed claims adjuster for years along with being a STR owner in Tennessee.

One look at double rents and they either move or pay up.

Having worked with multiple property managers and now being part of a property management company, I’ve seen firsthand what separates a good manager from a great one.