Not only that, but it is unoccupied and subject to any number of things happening to it while it is unoccupied simply put, it just does not seem worth it to try to haggle over a raise like this. however, if you are in a high demand area with your property, and you know that it has a lot of value, you could post an ad to try to get some feelers out for occupancy and if you find something better, as far as quality and price for the occupant, then you can consider the lengthy eviction process, but again you're doing all of this for about $200 extra and none of it seems worth it.

Is this price differential largely a matter of how high-end you make the finishes?

Hey Stepan, Some changes I'm advising and seeing my clients implement are expecting an extra 3 months of holding time and undervaluing the ARV just a bit due to high inventory on the market. 

A high occupancy does not guarantee the lost revenue.

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

Quote from @Kaaren Hall: Was going for the best cost-of funds (lower rate)@Kaaren Hall So you were less concerned about your annual cash flow/return (IRR)? 

I got the Discover It Secured card in high school and used that to build up my credit. 

Rents seem high and in demand as well.

Assuming it's worth $65k, that's a return on equity of 15.7%.

That being said, booking.com had a high occurrence of fraud so we no longer use them.