This growth and increased profit margin % is not sustainable. 

Would love to connect and discuss the various real estate micro-markets here - in terms of job development, hot areas, growth, etc.

Would love to connect and discuss the various real estate micro-markets here - in terms of job development, hot areas, growth, etc.

I also have to factor in cash flow vs appreciation, market keys (population growth, job growth, etc), and the strategy (STR vs MTR vs LTR will look for different things).

After i've done some research looking at the population growth, job diversity, unemployment rate, etc...

This does not include added value appreciation from the renovations and natural rental growth from stronger demand for 3bed/2bath units.  

And a lot of population growth is connected to the MSA, not just the main city.

Getting that mindset right, at any age, allows someone to grow beyond their own means, and it has been my observation that is true of literally EVERY successful investor - growth has to be beyond their own means….even the millionaire needs other millionaires to fund billion dollar projects….so at some point, learn to depend on others, partner with others, borrow from others and this will greatly expedite the journey.  

It's slow growth but the properties cash-flow and the journey goes on.

If the smell is musty or at all resembles 'organic growth" (mold) then check the air handler, intake, duct lines, and filters.