Inflation one says, let’s not forget inflation impacts expenses too.Yes one can increase NOI in a variety of ways.But let’s look at what it will actually take to triple NOI in five years.Let’s assume a 50% operating expense ratio.$100,000 gross rent $50,000 expenses yields $50,000 net operating income.To get to $150,000 net operating income, rents need to double to $200,000 and expenses need to remain fixed at $50,000.

This could be a permanent partner in the business or have a limited term with payout to exit. 

Hospitable and Pricelabs software has made the largest impact.

Although, one aspect of student rentals I certainly need to understand more is how COVID has impacted rentals in Stevens Point. 

The negative impact that I've seen on residential renting is in the large high-end building where management companies are now offering 1 to 2 months free rent.  

We don't know what's going to happen with Covid anywhere in the country, or how it'll impact the real estate market. 

It doesn't so much matter from a tax perspective, but you run the risk of the tenant making a future claim that you permanently lowered his rent.

Covid is impacting how governments are treating evictions, business operations, supply chains, etc.  

I don't work on conventional owner occupied loans anymore (non fannie/freddie investment only for me) but I do know that the lenders those brokers are subbing them to have incentives to have loans close, have minimal underwriting touches, etc etc and having the borrower walk away after going through underwriting could have a potential negative impact on them (in the form of basic lender "brownie points" given to brokers) in addition to the obvious opportunity cost thrown away from time spent. 

And frankly probably not really caring a lot about what impact they may have on buyer and seller..