this means, 2 mcdonald workers living together in yucca valley could easily pay $1200/mo for a quality rental.my homes have all increased 10-20% a year for 3 yrs straight - as the few quality inexpensive rentable homes that come up are fought over by investors, new home buyers, airbnb.a sewer assessment going into effect will add 100-150 to the monthly tax burden (along with a few other assessments in the works - school,fire) Bob Armstrong (a realtor in the area) creates a nice email newsletter each month with data/commentary.

Some are nice.  

@Amy Thompson I am going to (surprise surprise) second the opinion of @Dave Foster - while you're getting a nice rent rate here and the appreciation you've already seen is great, those HOA fees are dragging down your ROI.

I think once I got the hang of it, I could make a nice MS Excel spreadsheet that would run the numbers real quick.Another reason why everyone isn't doing it is because you need MONEY (at least a down payment) to do it.

In fact, it would be nice if more people put this exact thought into things because they would quickly realize the properties they are buying aren't actually deals. 

Would be nice to Converse about your method whether it’s buying hold or if it is more of a weekly trade or daily trade process.

Hi @Amanda Coleman I have quite a bit of experience with airbnb and have done a tone of research.

I use microwave and small-bag popcorn, Kind bars, a few nice wrapped chocolates and 2 small bottles of water.

It's not because they are making 3% by sending a contract over to a title company/lawyer and are collapsing under the weight of their moneystacks. 

Would you expect things like kitchen cabinets to need to be replaced again?