There are less drastic trade rates example from a high end multifamily with a 5% cap converted into a hotel and then trade with 8%-10% cap, but this is not what I am doing.

Biggest concern is how to gain cash flow in the current economy with high house prices, increasing interest rates and flat rental rates.

So, my guess is it's mainly due to the high humidity. but every contractor that came in and hear the word "mold", immediately add one more digit to their quotes.The reason I agree to fix it is because the tenant claimed "breathing" problem.

This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.Organic rent growth has a compounding effect in your underwriting model.

We now own a highly desirable home with roughly $80,000 of equity, a low fixed interest rate, and huge cash flow.

I've never invested with Nighthawk but took Michael's "Platform Builders" course/program last year, I thought it was high quality and my team and myself got a lot out of it.

They are turn key, but made in a plant with high standards of quality control and are delivered via semi.

That said, I was able to cut the gains taxes in half by investing in some multi-fam funds that had high levels of depreciation. 

The price points are way too high now for me to get a positive cash flow unless I wait years.

Seasonally, Q4 is usually a high point but this average is $13 less than in Q4 of 2022 showing leveling off of the market.