I am proactive though in pest control, yard maintenance (not mowing), and weather (checking pipes during freezes, roofs during wind storms, etc).$2000 on a $1550 mortgage isn't terrible, if you can manage the property yourself.

ARVs are down as we try to forecast worst case scenarios for 2-3 months out.

However, if you don't want tropical weather, the Boquette area, up in the mountains has a milder spring like climate.

In some cold weather states you cannot evict people during the winter.

I have the business so that I could acquire a property, weather it be a house or a commercial structure, so that I can operate the wellness center I am planning.

That said, despite the decent year-round weather I personally would never buy residential investment property in this area.

The growth in total origination volume is expected to continue for 2022 considering the current strength and demand for the multifamily market, just at a slower rate of roughly 5 to 10 percent.Chart and data courtesy of Freddie Mac Overall, Freddie Mac’s 2022 multifamily forecast noted that strong economic conditions and unprecedented levels of demand for multifamily housing has led to strong conditions in 2021.

The neighbor took down the porch roof which was also connected to my property leaving the side of my property exposed to the weather.

Until wages and employment weaken, the consumer is very well prepared to weather a recession.

We are truly blessed with this spring weather and our beautiful island!