I may or may not get a warrant for eviction this time, but meanwhile two of my good tenants have moved out, exasperated by their neighbor, Joe.Sure, my lease states that Joe is financially responsible for my expenses associated with the enforcement of the lease provisions, but good luck with that.In each of these cases, the lease favors the tenants, and limits my rights as the landlord.My month-to-month leases give me the right to terminate the lease for no reason or any reason, including being an "a**."

Having strong protocols and communication systems can help reduce the impact, but it’s definitely part of the reality.Another major challenge, especially in the short-term rental (STR) space, is dealing with property damages caused by weather or guests—and sometimes even neighbors.

That should translate to a lower risk for the bank—and, logically, a better interest rate for the borrower.Flaws in the Traditional Appraisal ProcessThe three standard methods of valuation—comparable sales, income approach, and cost approach—all have limitations:- Comparable Sales can be wildly inconsistent, especially when neighboring properties vary greatly in condition.- Income Approach is useful but doesn’t account for hidden future costs (like a $20K roof replacement in 3 years).- Cost Approach often glosses over the real-world quality and age of systems like HVAC, plumbing, and electrical.In short, these methods can miss key nuances that materially affect the risk of the deal, both for borrowers and lenders.A New Way Forward?

Also totally agree on matching the renovation scope to the comp — and I’d add, don’t overlook the condition of neighboring homes and the block overall.

It’s not as simple as picking a number that sounds good or selling your house for what your neighbor’s sold for a few years back – you need to hit the bullseye for where the market is right now.

All this is free to search.By using paid subscription services, almost all of your personal info is available: previous/current addresses, phone numbers, email addresses, voter registration, owned vehicles, neighbors and relatives and their contact info... the list goes on.You might consider getting your properties out of your own name to get the target off your back.  

The prices of their neighbors property from a lower rate and higher buyer sentiment environment has been the hardest concept to break for them.

Luckily my neighbor saw all the lights on in the house after she left and he found a bunch of stuff and fixed it for me.Still, there was a used COVID test on the nightstand and dirty dishes in the sink.

Also, neighbors tend to be very vocal if they don’t like STRs.

Let everyone (family, friends, neighbors, former classmates, former co-workers, social media followers etc.) know you're a Real Estate Agent and you're happy to help them with all of their RE questions and needs in/around Tulsa.2.