That demand shift toward 30-90 day stays told me the STR arbitrage was compressing before the supply flood even hit.What metrics are you seeing in your supply watch that made you stay STR instead of pivoting to MTR?

What’s helped us is watching leading signals of new supply, not just Airbnb listing counts.

I read up on Cromford report regularly - are you familiar with it?

Many tools rely on a single national database or applicant supplied info, which can miss records, lag behind court updates, or fail when data does not match perfectly.Why reports may come back with no hits:Most records originate at the county level first.Some courts do not update national systems regularly, if at all.Reporting laws require exact name and DOB matches, so slight variations get excluded.Automated systems cannot legally fill in gaps, they can only return what the database shows.Depending on state reporting laws, self reported records may be excluded if they fall outside what that state legally allows to be reported.Why self digging is high risk:Googling names, court sites, or social media steps outside a compliant screening process.Any information used in the decision making process must be accurate, verifiable, and consistently applied.If an applicant requests the consumer report used for the decision making and the answer is “I found it online,” that is not defensible and invites Fair Housing challenges.When verification happens inside a structured, repeatable process, many operators can move forward with confidence without doing extra digging.

Transaction volume surged, apartment supply finally cooled, and private capital returned to the asset class for the first time since 2021.

@Jacklyn Robins we've run into these ugly surprises so many times when taking over from other PMC's that over a decade ago we made taking videos, to supply to owners, standard practice.There's no excuse NOT to take & supply videos with today's technology!

If you supplied the air fryer then I think you are responsible, if the tenant supplied it then I think the tenant is responsible!

Just removing rules that made entry-level housing illegal or impractical.That matters, because affordability doesn’t improve if supply is frozen by policy.Louisville has lived with the consequences of that friction for years.

Typical buckets:Income: Rent, late fees, laundry/otherOperating: repairs & maintenance, utilities, insurance, HOA, supplies, advertising, legal/pro fees, bank feesTurnover: cleaning, paint, small replacementsCapEx (capital improvements): roof, HVAC, major appliances, renovations (track separately)Liabilities: security deposits (not income)Auto: mileage (or actuals) + tolls/parking if applicable5) Year-end handoff to your CPA becomes stupid-easyGive them:P&L by propertyBalance sheet (including security deposit liability)CapEx list (date, vendor, amount, what it was)Mileage total + method1099 info if relevant (vendors)PM statements (if applicable)If you want this to feel effortless, the best move is using banking that’s designed for rentals: separate accounts by property, clean transaction feeds, and bookkeeping/reporting that’s “landlord-native.”That’s why I like Baselane for this exact question: it’s banking built for real estate investors, so the workflow above becomes the default instead of a constant discipline test.Full transparency: Baselane is a BiggerPockets partner, but even if they weren’t, the “banking-first bookkeeping” approach is still the right answer for landlords who want clean books without living in spreadsheets.

Sometimes that little adjustment helps your listing stand out when supply is higher.