That increase your cost- Travel.

Is general industry standard to have 3-4 months PITI reserves in bank after closing?

I was going to also increase their late fee significantly or to accrue daily, but a new law in CT just set the limit to $50.

It's your job as a landlord to pre-screen potential leads (gross income, credit score, evictions or not, etc) and then only schedule showings for those people that meet your screening standards.

I can see how maybe vacancy (depending on demand in that market) and PM fees (depending on what’s standard in that market and SFR vs multi) could vary.  

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite increasing interest rates, $/SF climbed throughout 2023.

Stable rent with annual increases, low turnover and long term. 

.- Bitcoin Crosses $1 Trillion Market Cap (@KobeissiLetter).Today’s Interest Rate: 7.13%(☝️ .17% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are climbing higher again this week to 7.13%, doubling last week’s increase - up ~1/2% in just 2 weeks.

Of course that increases with thickness, the addition of insulation boards, radiant heating, rockwool, etc.

Also to grow the LLC in the long run where we are planning to proactively increase our portfolio which is the way to go ?