Monroe Investor Reality Check
Do not let broad Monroe averages set your ARV.
Monroe investors work with a market where healthcare and university employment support rental floors, but flood exposure and stock condition both require a conservative hold-cost model before any comp spread makes sense.
What investors assume
If the rent math works, the resale assumptions will probably sort themselves out.
What actually matters
Insurance, flood, and carry friction can separate two similar-looking deals very quickly.
Where Monroe deals break
Deals in Monroe usually break when the comp sheet looks workable but insurance, flood, or hold-cost friction was never fully priced.