I typically start showing apartments in March (mainly since I don't enjoy trouping through apartments in Jan/Feb) and have most vacancies filled within a couple of months. 

If we decide to wait it out, it's a risk the upgraded tenant-base we are seeking may not particularly enjoy the original windows.If we pull the trigger, its very difficult to determine what the ROI would be or how long it would take to regain.I am leaning towards the "staggering" strategy and install new in the vacant units and plan to install them in the remainder as the units turn over.  

(If the market supports it) One huge draw to the property we'll be staying at is the owner also includes his canoe in the rental, so we'll have a place to stay on the lake and a means to enjoy the water while we're there!

I currently work in the Healthcare industry and even though enjoy my profession, I am looking to transition out of it over the next ten years and into real-estate full time.  

Account Closed are you enjoying them?

Jay Hinrichs this is sort of unrelated but I just listened to your podcast the other day, and wanted to say I really enjoyed it

I have a Master's Degree in Marriage and Family Therapy and besides hearing clients' stories and helping them problem-solve, I also enjoyed working on research projects and analyzing data.

Eventually I'd like to establish a rental portfolio and enjoy the stability of passive income while still conducting flips.I'm interested in meeting folks from all over and look forward to learning as much as I can from the pros as well as the newbies.Take Care!

I enjoyed that response.)What Brian said about getting to know brokers is even more important in this market.  

Good luckAnd enjoy the ride