Quote from @Pratik Patel: Quote from @Drew Sygit: Quote from @Pratik Patel: Thank you Samuel for your input.Holding on to this property as a long term rental will lead to negative return on my investment so that is not practical.

The near-misses I’ve seen this year almost always come back to optimistic ARVs or thin margins that didn’t leave room for today’s underwriting.Looking ahead to 2026, early indicators point to:Continued DSCR focusSlightly tighter LTVsMore emphasis on durability vs. max leverageThat lines up with recent commentary from groups like the MBA, AAPL, and broader private credit analysts showing banks staying cautious while non-QM and DSCR demand holds steady.Feels like a market that’s rewarding clarity and discipline more than creativity right now.Thanks for the sharp take @Christian Wamsley and spot‑on about DSCR becoming the practical default with its focus on real cash flow coverage and realistic underwriting.

The overall inventory is trending down.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents were flat MoM again, and practically flat YoY.

What are some typical numbers or percentages you’ve seen in practice

A lot of STR owners I know focus more on practical tools that help manage the property day to day.

There are also many companies, including insurance relocation companies, that you can submit your property to so they can contact you when they have a need in your area.Your question about adjusting your price is a complicated one to answer.

Don't forget to convert the utilities to yourself if they are separate.A landlord best practice is to always change the locks when there is a turnover regardless of the tenant returning the keys to you.

Assuming the tenant has paid rent on time over the last year they’ve occupied the property, is it common practice to still require a lease application?

Hey Jerome,Just general advice as you start your property management journey: it might help you to connect with property managers in your area and beyond to learn about the different practices out there.

Big-ticket items like a water heater or air-conditioning compressor increase the maintenance cost in that year, but successive years will be less than $400, so it averages out.The properties we recommend have low maintenance costs partly because of construction practices in Las Vegas—which is in the Mojave Desert.