House sits on corner lot overlooking park, has large back yard and garage.

Great quick breakdown of a concept that many mistake, and great question above, Jaron.Depreciation on a property doesn’t start the moment you buy it or when it’s sitting vacant, it starts when the property is “placed in service,” meaning it’s ready and available to be rented like Michael mentioned above.

I know some pockets of the metro that are doing very well, still and that one apartment community in particular is sitting at 96%.That is in the central part of the city, though.

Mortgage rates are sitting at 6.04% today.

If my property sits one less day I have already made up the $30 difference.  

People travel the world to experience something that sits in our backyard.Our geography alone is something to appreciate.

A $20 entryway bench guests can sit on to take off/put on shoes. 

In Columbus the macroeconomics are on fire with all the population and job growth plus huge companies like Intel, Amazon, Google, Facebook, Microsoft, Honda, LG, and Anduril coming in, so good deals don’t sit for long.

I’m in the Triad (working deals + managing clients), and I’m trying to compare what I’m seeing with what other investors are adjusting in real time.Here’s what I’m seeing across Greensboro/High Point/Winston:• 2BR rents are hovering $1,050–$1,150 depending on neighborhood• 3BR SFRs are landing around $1,300–$1,450 on fresh turnovers• Renewal increases are small $25–$40 seems to be the sweet spot• DOM for rentals is sitting around 12–18 days, longer in weaker pockets• Lower-end flips (<$260K) are still moving, but anything above that has slowed unless it’s turnkey cleanTriad landlords —Are you raising rents, holding steady, or offering incentives?

Builders have levers individual sellers don’t:- They can buy down rates into the mid-5s (I've seen as low as 3.875% recently in Reno, NV...) while resales sit at 6.5%+/-- They offer closing cost credits without blowing up appraisals- They price off absorption and carry costs, not emotions- They HAVE to push product, no matter the market conditionsA good number of resale sellers are still anchored to 2021–2022 pricing, and DON'T have to sell.