Downside to posting a rental high and then dropping if no-go?
I have the rare luxury of 60 days notice on a unit, and was wondering if renters think an ad up for a while is stale and undesirable? My most recently vacancy this winter was hard to fill and I'm not sure why. I originally asked $80 more, and backed down when it didn't rent. It kinda hurt my confidence in pricing, this is considered a hot area. May 1st is a better season and I was figuring to up the rent a couple of hundred from the current $1750 based on what the HUD 2br FMR has gone up in my city since the last lease, but with enough time to back off if unsuccessful at getting a tenant at that price point. Thoughts?