If it's been vacant, getting fresh air and letting the house breath will do a lot!

They won’t be expecting the same money as their neighbors with the shiny new kitchen and fresh paint.Good luck! 

I know its market dependent and this is kind of vague but would you say you bake in a certain profit margin so if expenses rise x amount percent you would be able to absorb that?

I agree with that, in addition to making the market, (for whatever reason) the bulk of the population in some areas seem to have very little value for a decent well kept up house.Letting their neighborhoods (and the interiors of the houses) fall into complete disrepair.When investors go in they tend to bring the houses up to a minimum living standard for a poor person, and also up to some some pretty nice features, LVP, new cabinets, fresh carpet, etc...Guy's like James Wise and the 60 people who rely on him for their payroll every week make their daily bread from these investors.To me he seems honest and straight forward, I cannot see why anyone would put him or his company down.Plus he can take some pretty unpleasant things and make videos about them that are informative and entertaining, and in some of the areas where packing a "shootin' iron" seems like a good thing to do.Just my 2 cents.

If we have to change the title, we get a fresh start to move it into another ownership entity.

And good chance that more units will start to sell and fresh blood will be injected into the HOA.

@Paul Moore @Mike Dymski @Matthew Masoud @Percy N.Im curious to get your take on this...probably same as above responses...but with rents having increased in many areas by 20 plus percent, there are multis with baked in existing leased rates that quickly became under market. 

Most of your maintenance expense is baked into the HOA dues.

https://news.airbnb.com/airbnb-2023-winter-release/Pricing visibility – The prices Hosts set will include service fees, helping them better understand what guests pay.Looks like they're going to make hosts bake the 15% guest fee into the nightly rate.

I know some states have more lax regulations regarding this.....It was always easier and cheaper to just scrape the garage and start fresh.