I let her know that would not be possible and her lease states 60 day notice is required.

We have experience with the neighboring communities and we're keen on the long-hold potential of this one.. have to be I guess if it's not cashflowing.We just got notice that it appraised for about 13k under the purchase price.

Still a great profit over 1.5 years.If you decide to rent to one family, you should prolly expect your rents to decrease which may potentially make this property not cash-flow.

Not sure if that's why they were gated or not, but the homes were noticeably cheaper...I'm more comfortable investing in a community that has a lot of STR's.

New listings have been below 2020 levels since the four-week period ending August 22.Active listings (the number of homes listed for sale at any point during the period) fell 21% from 2020.46% of homes that went under contract had an accepted offer within the first two weeks on the market, above the 43% rate of a year earlier.33% of homes that went under contract had an accepted offer within one week of hitting the market, up from 31% during the same period a year earlier.Homes that sold were on the market for a median of 20 days, up from the all-time low of 15 days seen in late June and July, and down from 32 days a year earlier.49% of homes sold above list price, up from 34% a year earlier.On average, 4.9% of homes for sale each week had a price drop, up 0.8 percentage points from the same time in 2020, and the highest level since the four-week period ending October 13, 2019.The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, decreased to 101.2%.

Contact an attorney so you are ready to post eviction notice on October 1.

Hey Guys, I'm practicing doing comps on my own property right now, but I noticed there is only one comparable property (3 bed, 2 bath duplex) near mine.

I noticed that realtor.com breaks down stats and searches by city, zip code, and neighborhood.

In my city if you file for rezoning, they will post a notice on the property a couple weeks before the meeting.

If a bit deeper you can generally cut it out and then stand the edges so not so noticeable.