Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

The biggest challenge is time to manage a property.

Challenges?

@Matthew C. this is definitely a dilema and I'm sorry to hear you're having these challenges. 

This is a big challenge in the MTR space.

Challenges?

In my experience, finding cash-flowing deals on-market can be challenging here (1% rule can be hard to find) but not impossible.

Challenges?

Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?

Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.