Natural disasters, higher construction costs, and a competitive insurance market are driving these increases.Review your current policy to ensure you’re properly covered without overpaying for unnecessary coverages.

In my opinion Option 1 could be a bit risky in today's environment as we are not sure if prices have hit the bottom yet, there are positive signs in the CoS market that point to price appreciation in the future, but there is a good chance the interest rates are not coming down for a while, which will have a negative impact on home values. 

It is high because of the free market.

Market Research How did you add value to the deal?

I agree that Zillow may not be the best for management/screening, but they are good at marketing.

This could be a faster route to get your short-term rental up and running.2.Look for Motivated Sellers:In the current market, there may be opportunities with motivated sellers who are willing to negotiate on price or terms.

These are primarily for "off market" purchases.TOP 10 Motivated Seller Lists - Try each of these Driving for dollars - (Finding houses that need a little lovin’ and contacting the owner) Propstream has an App that gives you immediate information on the property and saves it to your list.

Long term tenants in place currently paying below market rent at $1200/M.

This is not my favorite option as most real estate agents wouldn't know how to handle the marketing of a property with a tenant currently in it. 2) Find an investor friendly agent who might already have buyers looking for that type of property.

So the lessons here are that until rates come down, most houses for sale at current market rates will not cash flow (well) where they are worth buying in todays market.