How do you know your MTR will get rented out?

[Vanessa Lule]

Hi all, 

I’ve been doing market research in my area for MTR arbitrage, with a focus on serving traveling nurses.

One of the challenges I’ve been facing is the hesitation around whether I’ll actually be able to rent out a unit with a higher asking price.

The properties I’m looking at are luxury apartments with great amenities but they would have some of the highest rents in the area compared to other options for traveling nurses.

While the amenities are attractive, I’m not fully confident that they alone will be enough to consistently attract tenants.

Is there any way to gauge interest or demand for a specific unit before I commit to leasing it?

Thank you in advance for any advice or insight.

[Summer Chen]

Traveling nurses may only want to pay what they need, not for luxury amenities they do not use.