Yes, you're missing the underlying appreciation of the house, the value of storing money in a physical asset versus an alternative and capex costs.

If you have never experienced strenuous physical labor in extreme heat, it's very easy to call out mistakes like this.

This is extremely helpful because no matter the niche our investors operate in, many of these facilities have the same underlying needs—particularly a high bedroom count, locations with walkable proximity to employment opportunities, strong public transit, no HOA, etc.If anybody is operating in these spaces in Maricopa County, AZ, or wishes to, please contact me!

The majority of the others are mailed a check, but we do still have a few contractors who pick up physical checks.I'm also not looking at scaling, I'm just looking at renting this one house.

Housing Demand & Price ProjectionsShort-term EffectsSpike in Demand: Experts advise “the time to buy is now,” as demand is expected to rise sharply amid limited inventory https://www.waff.com.Tight Inventory: Local agents report only 3–4 months of housing inventory remain at current sales rates, a lean supply that could tighten rapidly https://www.waff.com.New Construction as Relief: Homebuilding will play a key role in keeping pace with growth—new builds have already been the backbone of Huntsville’s housing ecosystem https://www.waff.com.Long-term TrendsSustained Growth in Madison County: With ongoing infrastructure investments and commuter improvements, demand will likely extend well into the future.Submarket Dynamics: Communities on Huntsville’s periphery and satellite towns may see rising interest as central inventory tightens.Upward Price Pressure: Expect moderate to strong appreciation—especially in submarkets within commuting proximity to Redstone.4.

I also recommend driving around and physically checking out these neighborhoods. 

Physical REI is not a paper investment; almost anyone whose invested on paper numbers I am willing to bet is showing a lot less than the reality of if it unless they took realized gains by selling(into the appreciation rate) or cashed out refi. 

LOL I do have remodeling experience so it's just knowing that I probably only have about 10 years left to do physical work. 

When Reagan cut the program for some people, he was kicked off the "system", got a job and has worked ever since, gainfully employed, paying taxes, now in retirement collecting Social Security from a system he actually paid in to.There was no physical reason he was collecting social security services "disability" payments, it was a spiritual problem.

Stadium & Entertainment: Atrium Health Ballpark brings foot traffic and drives short-term rental appeal.Attraction Growth: Proximity to breweries, trails, and new retail makes it increasingly desirable for both renters and buyers.Investor Takeaway: High-demand suburban & lifestyle-driven markets are commanding top rents, while affordable pockets like Kannapolis and Lincolnton offer strong growth potential.