This clean and efficient transaction highlighted how powerful quick-turn deals can be when the right conditions line up and the team moves decisively.Lessons learned?

The margins were strong, the area offered steady buyer demand, and the property's condition made it a great candidate for renovations that would significantly increase resale value.

Student housing just hit roughly 95% occupancy for Fall 2025, while many conventional multifamily assets are still hovering under 90%.That’s a pretty wild gap when you think about it.Even with higher rates and tighter lending conditions, demand for quality, campus-adjacent housing hasn’t slowed down.

Typically the answer to slow leasing is price followed by condition.

I first review the sales and/or rent comps, next I review the property condition or get an estimated rehab budget, then I review any other costs such as eviction or liens, and finally I set myself a max offer price.

Sometimes they take a while to respond to questions, or conditions pop up last minute, leaving buyers scrambling.

The condition made it ideal for improvements that would significantly raise its value and appeal to the local market.How did you find this deal and how did you negotiate it?

There is not the heavy lifting of moving all of your stuff when a mid term tenant moves in...even if the weather is terrible, you just show up with your bags.

That means every local investor has passed, either because of condition, price, neighborhood, or some combination.Maybe @Remington Lyman can tell us what's up with it I had a client, who I found out was a wholesaler so I fired them, write an offer on it a while ago that was not far off of their current asking.

Examine the condition of the apartment, Google the tenants and make sure you have scans of the last six months of rent payments.