I suspect many cities across the country are seeing similar conditions where the perfect storm of favorable zoning and cheap financing led to more units than the market could absorb. 

I buy and hold <50K properties around the city. 

Anyone else deal with this kind of insanity near a “city-managed” neighbor?

Since housing is seasonal in many ways using a year-over-year comparison is the correct methodology to use when comparing market conditions.At first glance you might notice that the city of Aledo has a drastically higher median price when compared to last year.

Quote from @Steve Sayler: **Should I let a tenant remodel the bathroom - buy purchasing a walk-in tub shower **I own a fairly  moderate level duplex in Panama City FL, with a very very long term (they have lived in this unit for over 40 yrs) tenant.

They have at least 1-3 weekly all over the city and you can meet other investors, lenders, contractors and real estate agents like me.

The city is making them demolish the second “unit” because it crossed the line into an illegal ADU.

The city is experiencing rapid population growth, job growth, and major developments from companies like Intel, Amazon, Google, Facebook, Honda, Microsoft, and LG, which keeps rental demand high and strengthens your long-term equity.

If it was part of the BRRRR (buy, rehab, rent, refinance, repeat) strategy how & which part of the city did you do it in?

@Kevin RieckHey Kevin, I live in the Tahoe basin, and there are 5 counties and 2 states, and one city.