We wanted to house hack to decrease our cost of living.

Residential Lease Data – All Property TypesHere’s how the Philadelphia rental market moved last month:📌 Activity OverviewUnits Listed:March: 2,057February: 1,614 ➜ +27.4%Units Rented (Closed):March: 1,129February: 808 ➜ +39.7%End-of-Month Inventory (EOM):March: 4,188February: 4,282 ➜ -2.2%Month’s Supply of Inventory (MSI):March: 4.9February: 5.0 ➜ Slight decrease💰 Pricing TrendsMedian Listed Rent:March: $1,825February: $1,750 ➜ +4.3%Median Rented (Closed) Rent:March: $1,700February: $1,600 ➜ +6.25%Average Rented Price:March: $1,884⏳ Days on MarketAverage DOM:March: 69February: 73 ➜ Down 4 daysCumulative DOM (CDOM):March: 74February: 80 ➜ Down 6 days📈 Summary:The Philadelphia rental market saw strong growth in March, with notable increases in new listings and units rented.

You decrease project, increase deal spread, maximize profit, and no deal will ever fail a lender's metrics or an appraiser's values. 

Interestingly enough, our month's supply is up 35% YOY and right near that average for last year, so there are lower prices and more options right now.Homes go for right around 96.8% of original list price (a 1.4% decrease YOY), and sit for 2 weeks longer than last year's average.

DEMANDAmerica is decreasing it's previously Laissez-faire approach to immigration.  

You can register the phone numbers with all the major carriers to decrease your chances of being flagged for free.

Quote from @Melanie Baldridge: Here are the terms that I’ll define:-DEPRECIATION-BONUS DEPRECIATION-COST SEGREGATION -BASIS-LAND VALUE-IMPROVEMENT VALUE-3115-RECAPTUREDEPRECIATION:Depreciation is the decrease in $$ value of your asset over time due to wear & tear, etc.Standard depreciation is deducted evenly over 27.5 years for residential and 39 years for commercial.Even w/o cost segregation you get to deduct depreciation each year.BONUS DEPRECIATION:This is an accelerated depreciation method.

I agree but I am not a fence sitter - I will continue to flip properties that make sense and acquire cash flowing rentals while other people sit on the fence and further decrease demand. 

You may be able to decrease the 1M on each house if you have a personal liability policy of 1M.

See the chart below:The cities on the right-half of the graph did not have as many proportional units under construction, and so they saw an increase in rent and a decrease in vacancy (Miami is the exception – which saw solid proportional supply growth and rent growth).You’ll notice the markets on the left-half (starting with Dallas) are all markets that had a larger proportion of units either delivered or currently under construction (see the bubble graph above).