I'm curious if y'all are seeing a decrease in tenant qualities applying for rentals.

The home doesn’t burn but the surrounding neighborhoods and town does, severely decreasing the value of our home3.

@Sam Kahl this is so awesome, I'm going to start looking some more at how to apply the formulas and start getting some of that muscle memory

@Sujith Bhaskaran - I have not invested yet with HomeRoom so I can't specifically speak to their renovation process but with my general experience in real estate, adding a bedroom almost always increases your property value, not decreases it.

The manufacturing sector, however, saw a 3.4 percent decrease in employment over the same period.Household debt is not only on the rise in California.

As interest rates decrease cash on cash increases  both due to the fact finance charges are lower and as an indirect consequence you can often obtain higher leverage (meaning less cash invested) because the 1.2-1.25 debt coverage ratio most lenders seek as part of their underwriting takes into account interest payments.

Cincinnati and Birmingham tied for second place with a decline of 0.2%.The decline bucked a national trend where rents increased in 47 of the 50 largest metro areas in January compared to the same month last year, according to Zillow.The typical January rent in the Denver region was $1,918, a 0.8% decrease from January 2024.Multifamily rents experienced a larger decline than single-family rental properties, with Denver once again recording the largest drop in the nation at 0.5% in January, tying with Cincinnati.Read the rest of this story at the Denver Business Journal.

Regardless, the supply has decreased.

I have seen individuals take a lien in the secondary position to decrease that downpayment, but you would most likely need to use a good lender who would be comfortable with and allow a secondary.   

Must be cash-flow positive, so I would need to bring in one hell of a downpayment unless interest rates decrease.2.