Currently looking in Memphis, TN.

Do we use the current basis (acquisition plus reno cost) as the starting point? 

Any guidance or tips with growing through this would be much appreciated. current structure is roughly 300sq ft.

Was thinking of taking about half of the deposits we currently have and doing some short term (12-24 month) CD's as a revenue stream.

While housing is objectively more unaffordable with current prices and interest rates, when will this be reflected in the overall home ownership data?

Current building code requirements are pretty solid when it comes to hurricane resistance. 

I believe people have had bad luck in the past and credit doesn't necessarily reflect their current situation.One thing I like to do is actually CALL and talk to the references. 

heres whati got froma recent e-renter screen. propspective tenant got a notification that they failed and called me asking why as her credit score is apparently above 630Credit CheckYour applicant does not meet your minimum criteria at this time.6Total Trade Accounts$5,xxx.00Current Balance Reported on All Accounts2Total Negative Trade Accounts$1,xxx.00Past Due Reported on All Accounts0Negative Accounts in Collection$0.00Total Monthly Payments0Disregarded School/Medical LoansLatest Delinquent Payment (if reported)Top Risk Factors Affecting GradeSerious delinquency, and public record or collection filedTime since delinquency is too recent or unknownProportion of balances to credit limits on revolving accounts is too highNumber of accounts with delinquency

I currently operate a mom and pop rental business in Reading with my wife where we provide an alternative to the slum lord business model that has existed in the Reading market.

My current vacation rental is on AirBnB, HomeAway, and TripAdvisor, and they all share the calendars with each other, so I can look at any of the three and see what's going on.