It wont be long before there's an up-tick in cost, and a decrease in availability.

Fargo has actually grown and seen an increase in demand for housing with a simultaneous decrease in unemployment, which was already ridiculously low, since the oil 'bust'.  

Tenancy is a more temporary relationship. 

In any case, hopefully a stable neighborhood will keep up with inflation and the value of the home will continue to rise as the debt on the property continues to decrease. 

Investors like this because if further decreases their risk.  

I figure people looking for jobs might need to sell fast, but won't necessarily show up on any of the other lists, thereby decreasing, or eliminating, my competition. 

Overall dollar amount of profits will decrease but ROI will go up. 

Were the late payments far enough in the past that they indicated a temporary problem that is now resolved, or are they recent and indicate a deteriorating financial condition?

Yardi published a September Rent Survey for multis and Sacramento leads year-over-year rental growth with 11.1%, followed by the Inland Empire and Seattle (both at 9.0%).While rent growth keeps decreasing, multifamily fundamentals remain strong.

I'm still glad we made the move, these are just temporary tenants.