It’s seen in every industry in every trade unfortunately.  

STRENGTHS-  strong affordable housing market-  cool city with a great feel-  nicely mixed neighborhoods with properties in need of repair next to nice homes-  large university, robust medical community-  decent rents overall, currently trading at 8-10% cap rates-  Micron promises growthWEAKNESSES-  Micron hype is making people spend way too much on properties-  pesky code compliance inspections here too-  student housing area is incredibly compact and difficult to get in to-  difficult to predict if a property will benefit from renovation or not-  contractors are overwhelmed, difficult to get estimatesSummary: Syracuse is experiencing a lot of change right now, in a good way.

(trading it for our time and effort though).Hope you get through it smoothly.  

@Kyle Bouldin I am a civil engineer by trade, but I do quite a bit of land development of my own throughout the Valley, including Pinal County. 

Lenders will want to see 2 active open trade-lines for the past 24 months with on time monthly payments or a credit reference letter from a creditor. 

I trade properties and broker them too. 

Nathan,I don't mind offering answers but please make sure this is not an "Ego Battle" I am here to help and honestly I am an FDIC Banker - Not a realtor so I am the one who offers the financing.Regardless of 6 months - Yes you can use college from a major university or trade school!

With Tuesday's forecast nearly as hot and excessive heat warnings in place until at least Wednesday, the record might stand for a couple of days.

While the units look to cash flow, for the next 5 years we plan on using that cash flow for any extra expenses over and above what we would forecast for the maintenance, repairs, and capex items for the properties since we already have W2 jobs we plan on keeping for at least the next 5 years. 

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