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Updated about 11 years ago,
Drop the rent to get tenant?
I've been getting a very slow trickle of responses to my ads (perhaps due to the time of year, I'm not sure). There is nothing wrong with the property that would make it hard to rent. The people who've been responding have a FICO in the 500s and/or other issues.
I was thinking of dropping the rent further to get someone decent in there soon (I've already dropped it $100 over the past couple of weeks). Is this a good idea or will I just end up getting an even worse applicant pool by doing this? Thanks.