One of the key takeaways is the "This suggests that as capital markets normalize, mortgage rates could decline by another 50 to 75 basis points, relative to the 10-year Treasury yield."

conversations than I normally see in late November.

AirBnB management can be around 20%, where normal management might be 10%.

A term that I lovingly call 'close-ability'Every lender goes through seasons where they don't communicate as well as they could, or seem to be losing momentum, or even throw out more than normal conditions (especially when hiring new Underwriters).

Meanwhile, traditional first-time buyer growth (ages 25–39) is almost flat.This means:– One-story homes and senior-friendly rentals will outperform– Built-to-rent single-family will stay strong– Age-in-place renovations will continue rising– And Louisville’s healthcare-anchored economy becomes even more valuable• 2026 isn’t a boom or a bust — it’s a reset year.Multifamily supply normalizes.

With a long term rental, you cannot do that unless you qualify as a Real Estate Professional, which is a much higher bar.You will still get normal depreciation every year, which helps, but it will not turn a negative-cash-flow property into a tax win.

I focus more on long-term strategies such as rent by room, sober living, normal market tenants and Section 8. 

The Feds have been hiking interest rates like to crazy to discourage people like me and you spending more and to save up since we will be digging deeper into our pockets if we continue with this lifestyle of extravaganza spending. 

Any property damage caused by the ESA beyond normal wear and tear, however, can legitimately be deducted from the tenant's security deposit.This way, you can comply with the Fair Housing law (in this case, the USA) and still take the necessary steps to ensure your property is protected.

This would allow you to defer all of the tax and depreciation recapture and reinvest into multifamily using all of the tax you would normally pay.