Even if it takes a bit longer to fill, I prefer not to drop the price to ensure I stay in that tenant pool I'm targeting, and as others have mentioned I do prefer to then do a longer than 12 month lease to counteract the vacancy on the front end.

The only reason to wait is if you suspect your market to decline for a particular reason — less demand, overbuilding, main employers leaving or laying off, neighborhood decay, etc.

I've seen everything from vents connecting to other resident's bathrooms causing an odor to decaying food creating something like this.

Stocks that have such big swings to profit, also have big drops, and decay over time. 

The result is all but mathematical; decline, decay, stagnation. 

Fear & Greed are hitting all time lows; no saying how long it stays there but willing to bet on time decay.$10-12 strikes for a $14-16 premium for Jan 2028 expiry.

I like the idea, but a lot hinges on how that will effect the state, county and local budgets and how they plan to counter act that.

The rule of thumb is that owner occupied duplexes are kept in good condition, and other duplexes, triplexes, and quads are allowed to decay (at least the ones that hit the market).

@Nicholas AiolaGood morning is it true that when you purchase a tax lien property before you get possession of the property it may be in a decaying State that could worsen before you actually get the property which will cost you more money to do Rehab on it

Beyond that - 2 other thingsFirst, all real estate investment has risk - but after a certain point the risk is too small to justify the worry or expense of taking a “counter” action.