It's not just the matter of finding someone else to fill the apartment.Right now the apartment is still under contract.

Also, because there are other comparable properties available, it would be harder for the LL to fill vacancies.If all of these conditions were true, I would not raise rents at lease renewal. 

As for resolutions, things are rolling, I was hoping to have all units rented in our recent acquisition by Feb 1st, but looks like it’ll be filled by March 1st so that’s okay.

I’d rather have a multi Family that I can slowly turn over in the bump up the ranch is posted walking in and trying to fill 50% of the building.

I am sure you can get your money back if you call the city and ask them the necessary steps and forms to fill out.

Your days will be filled with a lot of activity, and you will lose track of the weeks and months if you do not have a system in place to monitor your longer-term goals.Despite all the details, your business plan does not need to be an especially lengthy document.

Sometimes landlords will fill out two contracts with everything completed except for the signatures and just sign twice. 

From our little bit of experience we found we can hold market rent + electric at our other properties we own.Based on the small amount of expirence I have, I am inclined to make an offer to the seller as such:Contingent on:1)All deferred maintenance completed or a $10,000 sellers credit directly for repairs and maintenance2)All units move in ready condition per buyer standardsIf sold at current (100%) occupancy we offer $285,000If sold at 50% tenant vancancy we offer $300,000If sold at 100% tenant vacancy we offer $315,000OR 100% sellers financing with a purchase price of $330,000You can see it is counter intuitive to pay more for a non performing asset, however we save eviction costs/ time while being in a strong position to advertise and fill the deal with properly screened tenants locked into our lease, paying at our desired terms.

He tried filling out an app there, but I told him his wife needed to complete one as well, so he should just do it with her and email it to me. 

Warm rays of bright and pleasing light fill the lower level.