Excellent news!

Also, try a mailing without a fridge magnet and see if the response rate drops or not.

That’s what I hear a lot when I talk to other landlords, they say “just fix things quickly or drop rent” but like you’re saying, fixing things fast is part of it, dropping rent isn’t going to, but for a tenant that is cooperative, pays on time, treats things like their own; to me it’s worth a couple bucks in a gift card and they also feel that gratification because The gift card shows recognition

But the crime stats make it seem like a rough area, and a Google News search for Mt. 

Owner was shocked but didn’t have a leg to stand on after dropping the ball herself.

Could the housing market drop like it did in 2008 and I loose that 30%, yes. 

I blame the constituents.Just in the news several Moms who were homeless broke into a vacant home.

The bank countered by dropping the price by the difference of the credit.

The good news is that, if you find out before you purchase that the work wasn't up-to-code or wasn't recorded, you could opt to use this information as leverage to talk the seller down on price.The other thing I thought of when reading your post was that an appraiser may want to see the new rent values stabilized before factoring them into the appraisal. 

Just a thought, and possible strategy if dropping 10% on a down payment is difficult for someone.