Extremely loose lending guidelines, 2. the money supply that was in the market at the time, and 3. over construction of new housing.

The short answer is whether you capitalize or expense the items. it goes onto the schedule E, either for repairs, or supplies.

It's hard to find folks around here - either because they are all very busy, or because they are all spoiled by ample work, or because guys seem to be flaky overall. 

Have ample cash reserves either way.

Median home prices are up 9.3% in 2019 YTD and there is currently only 2.3 months supply of inventory in the market.

Setup expenses includes furniture, appliances, cookware, repair services, and some supplies such as soaps, toilet paper, tissue paper, etc. 

For starters, it's nice to not supply every financial document and my first born to ask for some money.

Also, I'm thinking a furnished SFH may have value for month to month rentals with the corporate community in GR - I'm guessing there's low supply of corporate rentals in the city - might explore that as well.

ESS is making some headway there but only on the equipment supply and integration side...installers are still hard to vet!

I’m curious about where the opportunity will come from, but I suspect that it may come from houses being priced competitively in the next 2-3 months from the sudden influx of supply.