Supply & DemandUnlike financial markets, real estate prices and rents are driven by supply and demand.

There is not any excess of rental supply to uptake that.

The reasons why I really want to get into this: it feels like something that would fit my work from home lifestyle that I have established (I'm never going back to the office and even if this job ends I can get other remote project management that will also be work from home); I get paid 4 ways (W-2, appreciation, tax write offs, ownership distributions). 

@Javier Rosales  Most of our units are single family detached house, we don't supply washer and dryers except when left by former owners or former tenants. 

I am a licensed NMLS Loan Officer but with fix and flip, new construction DSCR I go outside my company's NonQm lenders too many overlays.

The National Association of Realtors is forecasting a major rebound in 2026, with double-digit growth in home sales and home prices projected to rise another 4%.They’re also predicting the economy will add 1.3 million new jobs, keeping demand strong despite the ongoing housing supply shortage.After three years of the lowest sales volume since 1995, this would be a huge shift.

Taxes: $40k annually Potential Monthly Rent Roll: $160,000+Projected Expenses: Property Management Company 9% of monthly rent: $16,000Monthly property maintenance, move-out & repair costs: $25,000Projected PITIA: $39,000 monthly Advertising, office supplies, etc: $5,000Waste, pest services: $5,000Legal fund: $5,000/ monthly  Monthly Projected Expenses: $95,000Monthly Projected Rent Roll: $160,000I'm sure I'm missing a lot.

"Close to 85,000 U.S. sellers took their homes off the market in September, up 28% from September 2024 and the highest level for that month in eight years," and the Senior Economist was quoted in saying,  “When tens of thousands of homeowners pull their homes off the market rather than accept a low offer, it effectively reduces the supply of homes that are actually available for buyers.

We get a lot of interest from out-of-state operators because the fundamentals here are strong, and the market scales well for both hospitality and residential.Your focus on Marriott/Hilton/Hyatt with operational value-add is really interesting — would love to hear more about how you identify supply-constrained markets and what you look for operationally before pulling the trigger.Always down to connect and learn from people doing big things.— Shakur GrangerTriad NC Investor Agent | Lasting Legacy Property Management & Realty

Tornado recovery brought a ton of units back.We had a tornado wipe out a big chunk of housing supply about two years ago.