.#3:  Short cuts are not efficient. 

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.  

Death by thousand cuts….Could you shed some more light on your experience with REI Nation?

It is a sure thing that you will have success simply based on your introspection!

Randy I am afraid rates will go up a bit after Powell's press conference as he may indicate that they are likely going to pause on fed funds rate cuts. 

I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version.

We built it out of necessity and started same way as everyone, cut our teeth on bad decisions.

The jury is out on summer, but we are already cutting rates significantly to get bookings for our properties.We are currently trending toward 2019-ish rents for most of our properties. 

You simply can’t ignore the risk of investing in an area that you’re not intimately familiar with.

If you gave the keys back to the bank  they simply would never deal with you again and I see that today even after 10 to 15 years from when it happened.