It seems to me price fluctuations cause REITs to underperform private investments on average.

Your agent should be able to provide rent comps, and those comps should include the average days on market for that type of rental.

My properties have appreciated nicely and I average a 14% cash on cash return.

What is the average price to rewire a home.  3 bed, 1.5 bath ranch, 1100 sq ft. 

A STR in East Austin I’ve seen the numbers of (not mine) had on average an 80% jump in revenue in the month of March year over year, no doubt due to SXSW.Outside of REI it’s going to be interesting to see how local businesses rally to still hold events.

After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some general concepts that can be applied to help in residential real estate analysis in Maryland along with other areas.To start I think its important to break the expenses into 2 categories. 

In markets with retail prices averaging $200k and more it's quite difficult to get the cashflow you may want without putting a fair amount of money down. 

The units are safe and would be up to code they just wouldn't have nice finishes and would be below the standard for the average apartment in the area.

You handled it very well and while it wasn't a cheap date, it might help to know that the national average claim for exactly what you encountered is $10k.

If you don't have both of those you can't even compete with the "average" 2 bedroom cabin up there.