[turbo6bar]

Oh, don't be misled. Things are still not quite where I would like. Rents are up only 9% total in the past 7 years!!! In the meantime, property taxes have doubled. Insurance premiums skyrocketed after 9/11, forcing me to raise deductibles to keep premiums low. Were I knee-deep in debt, I'd be close to tears.

We lacked the abundance of landlords who were willing to take rents well below carrying costs, so in that respect I feel fortunate.

All in all, I can't complain. It could be a lot better, but also a lot worse. I will survive this renter's bull market, and grow stronger on the next up cycle.

Good luck, fellow landlord.