I’ve seen landlords who handle this by requiring tenants to show commitment through actions like attending financial literacy programs before lease renewal, which could help mitigate some of the risks.PS: If you haven’t already, consider working with local organizations that offer financial literacy workshops for tenants as part of lease conditions.

the location was great, condition was good and numbers worked close to 1%, and I needed to find a place for 1031 exchange How did you find this deal and how did you negotiate it?

I understand that state tax and regulatory conditions can vary quite a bit. 

The building is in great condition with a new roof and is professionally managed.

Our local market is still very competitive if in good condition, good location and priced right.

@Yanick Anagho, I ask for previous landlord information, but I don't put much weight into what a current/previous landlord might say. 1.

That’s not where we are now, and capital stacks need to be designed for current conditions.

I typically talk less about the market conditions until we have a general plan in place, and then we discover what may work best with the current climate (rates, fear, opportunity, demand, etc..)

Stick to buying good properties in good areas that are in good condition.  

Real estate is tangible and given market conditions, your specific area is poised for a significant amount of growth in the future.