Prices and rents continue to increase steadily.Sales - $/SqFt by Month(Click to enlarge.)The median sales $/SF was up 9% YoY and 6.7% YTD.Rentals - $/SqFt by MonthRents rose 4.3% YoY and 6% YTD.The Market Remains HotFollowing the rapid inventory decline starting in Q1, the number of days on the market for sales remained below 17 and for rentals below 19, indicating strong demand for both.Sales - List to Contract Days by MonthRentals - List to Contract Days by MonthRental trends tend to follow sales.

Or would it be better to simply partner with them, they are friends of mine, with the repairs for a percentage of the profit?

My current tenant will be hitting her 90 day mark until her lease is up at the end of this month.

I have some experience in multi-family fix and hold but am new to new construction (ground up). 

I've got some cash saved up but no where near enough to cut it. 

I grew up in a major football town, and a close family friend rents his personal home out for $3K a weekend. 

If you haven't heard of the condotel model, you'll want to look it up.

I’ve signed up for Quickbooks to help with that. 

Issue is that it doesn’t look like rent is gonna catch up with my mortgage unless I’m able to refinance at a ridiculously low rate before I PCS next year.

Hello Joe,Congratulations on your purchases, if you are ever looking for a DSCR loan, please let me know, we do rental loans down to 1.1x and up to 75% LTV on a cash out refinance, or 80% LTV on a rate and term refinance.