Yes.The low supply in California is partially to blame.

Builders make more money making more upscale homes, so the supply of starters hasn't kept up with the demand. 

Does anyone know of an app that converts MLS listings from a portal (supplied through Real Estate Broker) to an Excel spreadsheet?

It also has Geo thermal heating that supplies radiant heating to all the floors in the home.  

So the supply exceeds a lot the demand for vacational rentals.Thank you for the advice.Hi @Cheryl Vargas i am seriously considering the long term rental.I definitely believe that i bought the property overpriced.

BUT in my experience in Detroit that can be dicey.. unless you have STRONG RECOMMENDATIONS from their past customers that you can trust.I've found my best strategies for rehabs is utilizing a hybrid approach to 'piece-mill' my rehab team.. find a good plumber, electrician, carpenter, handy man etc.If you hit a home run and have a company that's supplied all members awesome!!

@Marci Stein- maybe you supply the paint for their labor?

Tampa suffered from a lack of supply, so it created an artificial price increase due to demand.

In the cash world, meaning non-retirement but in an LLC, we have two different entities - one that we'll call RSP is the 3 of us each being 33.3% owners and the other our LLC, RSP, being a 50% owner and a Private Investor being the other 50%.We keep a separate checkbook for each of these, and each of those has a debit card for that account so all supplies can be billed to the properer account and we dont have to deal with one account reimbursing the other. 

Rental Rates Projected To Increase For Dallas Apartments DALLAS (Multi-Housing News) – The North Texas multifamily market continued to show healthy fundamentals last year and into first quarter 2019, according to Yardi Matrix.However, supply dampened rent growth, slowing it to 2.8 percent year over year through March, slightly below the U.S. average.More than 26,800 units were delivered in 2018 for a new cycle high, with an additional 44,700 apartments underway as of March.