They are as conservative as they come, yet they won't raise the rent because they feel sorry for the people that are in the units, and one of them (the husband) is bitter now and wants to sell all the rentals because they aren't making any money and costs are getting prohibitive.

Or maybe rates stay high and he starts feeling the squeeze with his investors if/when he has to refi at 6% or sell at a price I would have paid today.Back to Bjorn's point, keep reviewing and underwriting deals.  

Feel free to reach out to me and I can explain everything to you.

Best of luck on your house hacking journey, and feel free to reach out if you have any specific questions along the way!

I have also thought about calculating property value change above market growth, cash-on cash return, and IRR.Please feel free to ask any questions.

Feel free to reach out anytime.

Feel free to update the thread about the deal. 

If you aren't familiar with the Orlando area here are a few things to think about.Disney is always a draw both for employees and visitors.Universal's new park is set to open in the summer of 2025, this will not only bring a new flood of tourists to the area but set to bring in 15k-20k new full time jobs.Orlando is currently trying to fix its traffic situation with express lanes being installed between Orlando to Tampa, expanding the International Airport and working on the final leg of the express train system from Orlando to Tampa.

How accurate does the group feel those projections are? 

If you would need any more information, feel free to reach out!