It was acquired at the end of 2022, so rates were climbing and rents in the area were starting to slow down. 

So it worked out for both of us, and they'd sign a long-term lease.I'd suggest looking into sober living operators in your area.

Personally, I wouldn't totally disagree, but it is very much in the eyes of the beholder what "nice place to live" means.Based on your post, I would assume you are getting requests because you are a new landlord (maybe the old one was not a kind person, so tenants chose not to make any requests) and that you are asking them to pay more rent for a unit that is likely in worse condition than when they moved in.So now, you can either tell them no, or you can accommodate and potentially open up pandoras box of setting expectations that you will cater to all requests all the time, or as noted, you can remove yourself from the equation and hire a PM to handle the requests.  

Finding a great agent is not easy, there are a lot of "doofuses".

I'm not handcuffed to only the DFW area, growing up in the Raleigh/Durham metro, I would gladly entertain investment opportunities in Central NC as well.Thanks,Evan

If you know the Denver area well, I’d love your opinion on the results -- I certainly need it.

He is a fellow investor and lender that lives here in the DFW area.

@Yu Jin SongI do not specifically know the market but I use Vestmap's zipfinder to look for areas I would invest in nationwide.

General appreciationIf it is in a solid area, maybe the play is appreciation and then a few years later do a 1031 exchange to another, better performing property.With multifamily, typically you can't do STR, but maybe MTR?

They are a French EV battery maker.