They proposed higher than market rent, but want to keep 2 people from thee organization volunteers in one room in future.We checked the website of the non-profit organization, their program include several categories, including helping international children to school, housing for the homeless, etc.

It is a very challenging market for many Loan Officers and Brokers.

I'm living and doing my research for the past 7 months for the Madrid market (and the area around it) - will be great do discuss with some members here and share our experience, toughs, etc.It will also be great to discuss the current market situation and share the news - do you think it is still a good time to get into the market?

@Srikant PuvvadaI wish I could answer this question directly, but cap rates are highly dependent on the market and asset type.

As long as you don't lose all of your capital, throwing yourself in with the sharks could be the best, and quickest teacher.

https://www.biggerpockets.com/blog/best-college-markets-for-...We cover this and more in our weekly BiggerStays newsletter, which is for all things STR.

Plus we get a lot of people moving here from out of market and when coming from Chicago, New York, or Los Angeles, it looks like everything is on sale here comparatively speaking. 

Especially now that guests have a lot of options in most markets.We used to have it off when it was a lopsided market but now it is more competitive you need to remove as many barriers to renting as possible. 

That experience pushed me to grow, learn, and ultimately do what I’m doing today—helping others create successful off-market real estate strategies.

If you do, then you can sign a new lease at market rate with pet rent, deposit changes, etc.