As for predicting a market crash, if I could do that I'd be sitting on a beach somewhere.

The one I NOW have was just by chance.I always had a couple I could trust & did 'predictable' work for the money but they were getting to be unreliable & that's frustrating.The latest was a 'client' who then proceeded to gut/rehab the home we helped him buy.

Do you mind walking me around the house and I'll share with you some of the cost I normally can predict?  

So, it would be foolish to predict something that bad again.

3% is a pretty standard bump and you're moving backwards if expenses actually do increase by 3% like you predict. 

My company is also hosting a webinar on industry trends and predictions in the vacation rental space, and we'd love to have you join!

@Andrew Johnson In your spreadsheet scenario, are the mortgage payments of 5% and 7% an educated prediction of what the future interest rates could be at if I wait?

Focusing on the average number of years or average percentage increase really doesn't improve our ability to predict the future.

My prediction is that if REOs stay dried up and if SS don't provide enough deals, very few investors will transition to working with sellers.

Didn't phase me because it was the same scenario I predicted and based the PURCHASE PRICE on.I prefer buying empty buildings, better pricing, rehabs get done from the get go, and tenants pass our guidelines.