Quote from @Dawn Harris: @Andrew SteffensWe are fine with the regular maintenance charges for pest and pool but the other charges like drain and dishwasher or thermostat reset, these kinds we see almost every month.

We are witnessing the Great re-set. 

The best move depends on whether you want to keep your current home as a rental or cash out and reset clean with the next one.If you want to keep it, a cash-out refinance usually makes the most sense.

Each time you refi, youn incur closing costs and are reseting the amortization of the loan.

If the annual rent gap is bigger than expected, turnover and vacancy costs do a larger reset at renewal and tie it to real upgrades.

If they suddenly decide to respond after the fact, fine — but otherwise, treat this as an opportunity to reset the property with a tenant who actually respects the process.

If you do refi, make sure the spread between your new payment and the rental’s net cash flow justifies the reset and closing costs, and that you have a clear exit or BRRRR plan.

Rents have also cooled off lately, which lines up with what I’ve been seeing out there.Feels like the market’s resetting as we head into the holidays—more inventory, slower activity, and buyers finally getting some more closing concessions.  

Which resets the depreciation schedule and wipes out any recapture.

Expectations for sellers needs to be reset that unless priced aggressively (15-20k below comps) it'll likely take upwards of a month in order to get a serious buyer lined up.