It is driven by mortgage rates and tenors available to buyers.As rates decreased over 30 years, most markets where supply is limited have seen a sharp decline in affordability.

If your income increases but your depreciation cushion decreases, you could end up in a higher marginal tax bracket in later years.In short, this strategy can work, but it requires careful planning around the average stay, your level of participation, and the long-term tax effects of accelerated depreciation.

This had me tilted over the weekend.Now, in just the last few days, that number has decreased to 83.2%.

It had inventory decrease, prices increase and DOM lower.

This low inventory will continue to pressure up rents.Sales - Months of SupplyInventory decreased MoM to about 2.5 months.

If contractor is not getting material, try getting material shipped to project if people are there every day, decreases drive time for materials and slows the project2.

I'm hoping this decreases my chances of underestimating renos. 

But am wondering if there is already a quality reservoir of information out there that folks are familiar with.Hi Arjun, I am from Colombia, and I have invested in real state over there, however I have lived the last 6 years in Spain, I exactly arrived when the economic recession started :/ However, living in the South of Spain (La costa del Sol , Andalusia) and observing how the prices have tragically decreased through the years I have finally decided to get into the business here,..

Raise rents to no less than $800, but currently could support $950*Note: This would be over the course of a 12 month period, only transitioning 1 unit at a time to higher rents to decrease our risk*Would like to get an outside perspective on offer price, if the expenses are accurate, and if the value add makes sense.

Not there yet, but definitely heading that direction barring any major economic changes.Interestingly enough, we can see months supply INCREASE during this summer when typically it would decrease (before rising during the fall/winter).