Many property managers tend to focus on physical occupancy rates, but what truly matters is the economic occupancy rates—the actual rent collected.

So, it's still a viable way of investing, but does not have the same scale of success in today's economic environment in higher appreciation markets.

My first impression is that your numbers in the current economic climate seem a little rosy.I also have friends that are builders and I try to stay in touch with them on costs as we mostly do "to the studs" renovations when we buy a place. 

I've shifted from trying to economize in everything in life to seeing that oftentimes it's well worth it to pay for the full service experience, no nickel-and-diming.

I've just heard that from many people over the years.In general, SC is experiencing an economic renaissance, so it is a good time to invest here. 

Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.

I think we all get fatigued from time to time, and I think it's worse when things are "slow" because of economics or demographics or whatever.

Partnering with nearby businesses could also help—like offering discounts at local restaurants or attractions.And don’t underestimate the power of a great listing description. 

I've helped 6-7 different investors move money from Oregon to Wyoming in the last 15 years and they are all happy they made the move.Consider finding a market that has a better long-term outlook, economically and legally.

We have started meeting in person at Polly's restaurant Located at 15 South Stanley in Cottage Hills IL.