I'm currently rehabbing two duplexes and I'm wondering whether it will be worth doing.Matt Buttner, Owner ::: Sandhill Property Solutions, LLC ::: Real Estate Investor from Grand Rapids, MichiganI contract drywall and have come across this issue more times than I can remember.

That area is so hot that rents are rising rapidly.    

By doing all the “little” things that you may not have time for ­– responding to questions and problems rapidly, showing properties at applicants’ convenience, overseeing maintenance – they will make your properties run more efficiently and help you attract and retain good tenants.

@Quincy Lockett Rents don't always keep pace with appreciation, especially if it's relatively rapid.

I haven't taken it off of Airbnb yet and don't have plans to but I do plan to speak with a lawyer and draw up a separate supplemental contract as my Airbnb is growing rapidly and I feel like the extra level of protection couldn't hurt. 

For example, you can search all the Grand Rapid district court records online by name and it will show all civil cases. 

Create systems and you will grow at a rapid rate.

I've been leaning more towards buying a multi-unit in a rapidly appreciating area vs. a single family home in the area that we currently live in (a suburb with a great school district and is appreciating, but taxes are high), with the idea that the rents on the property we buy (say $5k total in rents) would exceed the rent that we are paying (say $2500 rent).I'm totally excluding any tax benefits/liabilities for this scenario and am purely looking at it from a monthly payment perspective.

We've bought 2 properties in the last few months in this rapidly escalating market, and knew there was no way (other than a problem with the inspection) that the sellers would agree to any wiggle room or discount.

We had rents grow so rapidly in my area the last few years and after falling far behind the market rent I had to just tell the tenets rents were going up (sorry guys!).