Legislative advocacy is the reason industry associations exist and your association's effectiveness and reach is the main benchmark on which to evaluate them.

If you're going to use national average data, I would recommend using all of the other national data to provide as a benchmark. 

This is why when the Fed hikes or cuts rates, it affects all other sorts of financial instruments.However, the main benchmark for bonds, including mortgage bonds, is U.S.

Rate caps act as interest rate hedges to limit the borrower's exposure to rising rates on floating-rate bridge debt.Rate cap costs have increased: The cost of interest rate caps is tied to benchmark rates like SOFR.

What are some tools that people use to figure out what comparable homes/units are charging tenants for rent in an area you're interested in investing in?

It's my understanding that formatting an S-corp for taxes benefits under an LLC is beneficial after you hit a certain benchmark, I believe over ~$40k in profit.

That's a decent benchmark for averages, but if you're doing a luxury STR, it's not really going to be close.

This is why when the Fed hikes or cuts rates, it affects all other sorts of financial instruments.However, the main benchmark for bonds, including mortgage bonds, is U.S.

I’m thinking it may be a great idea to start a group of several higher level investors (50 units and up) to create benchmarks, KPI’s, and outside opinions of portfolio.

Even when I do come across it occasionally, the numbers probably don't hit your benchmark.