Do you prefer to have an open "application period" to collect applications and then make a decision based on the "most qualified" or do you take the first qualified, even if on a personal level they put off some red flags.

Get a bunch of bids and make a decision if its worth it.The line looks dry, why is that?

Learn from the mistakes but there will never be all the information to make a 100% risk free decision.

I think you have a few steps to figure out, but seems like you can put it together to make a good decision.

It is a logical decision for to PM your company and ask where are the A-D classes located in Detroit in order to compare to Chicago and other areas I am looking to invest in.

However, ensure that your decision does not violate any anti-discrimination laws or local ordinances.Make sure that:The records are accurate and pertain to the applicant.You have established written criteria for tenant screening, which should include reasons for denial such as prior evictions, judgments, or debt-related issues.

No penalty to let project die slow death and collect salary, travel and advertising money from it.This is data, everyone should make their own data driven decision based on it.

Miami isn't the spot, but Florida has several nearby markets where prices are ok, but you do need to make a conscious decision on the insurance costs and recent disaster.

If I had to do it all over again, I’d make the same decision.

What's most encouraging is the Mayor's decision to do what's financially best for the City of Philadelphia despite being unpopular by many.