One of the problems with sites like Rentometer is that it only collects rent data from public websites.

Never heard about this company before, but they claim to use raw data from Airbnb, and frankly I found them to be more accurate than Airdna.

I've been told be polite and cordial with the tenant, I've brought on a PM to be a buffer and they have experience with evictions and getting deadbeats to move on.

If you do, then there's good data that shows that you'll be able to retire for life, taking out an annual spending budget of (4%) from your saved money annually.

"If you torture data/numbers long enough they'll tell you whatever you want them to."

When I talked with the escrow specialist at the mortgage company, she told me part of that is because the taxes increased and the rest is a buffer predicting the next property tax hike.

Without more info on the property it's hard to say what they should be but the fact that they are not there says something about whoever is presenting the data.

I am confident I can fill those units with new tenants in less than a month...so I have a pretty good buffer there.Read through some more forums and blog posts and look at some other BPers deal analysis on rental properties.

If anyone has this data for their market place, I would love to see it.http://www.flexmls.com/link.html?

To be clear, it appears that the cap only applies to properties within the basic jurisdiction, while the buffer is county-wide.