Anyway, I'll just be making it rentable for now, then really gussying it up next year.)The idea of getting insurance requoted also made me think that I might want to do that after renovations, though it will presumably increase my insurance, it will also better reflect what is in the property and its actual value should something happen.One thing you mentioned was washer/dryers in the units. 

But you are buying a bit of a fixer if it has been a rental for 8 years, so market value should reflect that.

We actually end up paying less to lease my Audi Q5 than it costs to own my wifes VW Jetta when factoring tax savings and maintenance savings. ( All my maintenance is included in my lease)a cute movie that reflects this is Tin Man with Danny devitto  they are 50s siding salesmen.. and the front of the office is one caddilac after the other lined up.when I grew up in my dads land sales business the ride of the day.. was a Jeep Wagoneer with the faux wood paneling.. but now a days you can buy a nice new Mercedes small one for under 40k.. 

We are on 70/30 splits with ZERO fees, tiered splits for top performers, tons of software, digital phone system that rings all agent's cell phones at the same time giving everyone equal opportunity to capture leads, online "cookie jar" lead distribution systems, quarterly brokerage sponsored parties for clients and vendors, employee appreciation parties, 3 huge reflective yard signs, open house signs, and lockboxes paid by brokerage, opportunities to mold our systems to whatever we want as soon as we come up with a good idea, but the best part......the feeling of family and support we have for each other despite the competitive nature of the industry.

The quality of the deals tends to be sub par which reflects in the exit values.       

It is based on deviation from historical price-income ratios (though indirectly reflects housing shortage, population/housing supply shifts as well)The vast majority of markets are not currently overvalued. 

In today's market, homes should be priced to reflect the current shift.I see the market cooling, not crashing.

That way the record should reflect all of the excitement sold on their podcasts about being so experienced and should be easy to provide. 

The problem with saying housing to revert to the norm as some pundits say is it doesn't reflect supply and demand, it doesn't reflect mortgage and it doesn't reflect the interest rate/inflation policy at a particular phase.

Both property managers that we work with are reporting extremely low inventory and multiple applications for most properties.Rentals - Median $/SF by MonthThere was a significant month-to-month increase in rental rates, which reflects low inventory and increasing demand.Rentals - Median List to Contract Days by MonthThe time from list to contract is below 10 days, an amazingly short period of time.