But you know, I much prefer low-pressure than high-pressure tactics, even in a competitive market.

Michael,I know we have had a lot of rain recently and there is a lot of hydraulic pressure forcing the water up.I think would you would be better off stopping the water from the outside than damming it up on the inside. 

It does appear that Air B & B focuses more on temporary living & furnished lodging, rather than the traditional long-term rental home market.

It can turn some folks off, but it also clears the air.

These both seem to be good real-time indicators of upwards pressure, but these don't go back sufficiently far to see their ability to predict.

Reason being is it allows air movement.

Worse still, if rates went up due to inflationary pressures, then to add insult to injury you would have higher oil or gas bills, higher water and sewer bills and higher insurance premiums and likely higher RE taxes, putting significant downward pressure on NOIs while facing upward pressure on cap rates.3-5 years from today people will be shaking their heads at the prices being paid today.

When you say, "no HVAC", I'm assuming you mean it has no central forced air heating or cooling. 

As a result the fixit list included items easily addressed (missing lightbulbs) and major components that had not had the rehab replacement installed yet (Air conditioning unit).

I have a question about whether to add heat \ air conditioning to a pre-existing addition.