I do not know how things work out in your neck of the woods but where I live the project will either get shot down immediate or it will drag on for years before ever getting approval and there will be allot of red tape to go through and allot of hoops to jump through as well.

@Justin Dragon, I think it's a bit late to be thinking about your situation as the property manager and increasing your percentage. 

I'm not even talking about the quality of tenants you will drag on in these lower-class C-D areas, $800-$900 rent per month looks great on paper until the tenant stops paying and messes up the place. 

Economic fundamentals wise, they’re excellent.. society stupidity wise,... wait till June 1 and see how much the new qualifying rules tame the dragon.

Remind them how an eviction will futher complicate their housing issues and try to work something out, but also realize that this has the potential to drag on, so be firm.

Tax changes might be a drag on growth to some extent. 

That $60/mo more you were paying for the 10 yr will put a little bit of a drag on your cash flow, but over 10 years, that adds up to only $7,200.

In my mind, it's a drag on the economy and hurts everybody while protecting only a few.Yes, it will probably weed out those that don't want to jump through those extra hoops.

I've had them close in half that time, and I've had them drag on much longer.

Lazy, do just enough to get by individuals that will likely stay but be a constant drag on your bottom line.