Penny pinching a little once in a while is ok but you will never get big by acting small.

As of today, everywhere is shop is around 4.1 to 4.3... in CA.In a pinch, with the right deal, HML at higher rates can make very good sense.

When you find people who are in a pinch and have to sell, get them under contract for a LOW price, then the buyers will line up at your door.

Two little kids who are siblings might share one in a pinch, but 2 teens or 2 adults do not want to sleep in a bed that small.  

-- Get a basic website -- pay someone on E-Lance or Fiverr if you are pinching pennies or just set aside $5k or so and have someone design a nice website for the building pitching the ammenities, contact info for leasing, directory of tenants, links to your facebook page etc - brag on the investment you made in the building-- Get a professional photographer to get photos of the building/common areas and a few offices--- Fly out to Chicago - spend a couple weeks or whatever it takes- get appointments with all of the top brokers in the Commercial office space niche, break bread with them, buy them lunch, coffee, sell this building and your commitment to it, the upgrades you did etc-- Reach out to the business journal - local papers business writers - ask for a sit down to talk about your rehab -- once articles are written - link to them on website, facebook etc-- Keep manning the phones with the brokers, keep your digital content flowing - add something at least once a week to the Facebook page-- Sign new leases, increase bottom line-- fill up building, enjoy cash flow or exit and sell, move on to the next one

It's like a box of chocolates; some are sweet (tenants paying rent), and some are... let's say, an acquired taste (a few non-payers).Now, here's where I need help or wisdom.

Two are in the pinch/uptown district and 1 is up North 30 minutes from Memphis.

I take them a big tin with different flavors of popcorn and a box of chocolates.

Welcome to the Chocolate Factory. 

New home builders have been pinched with the short term higher interest rates, and it may be a good time to make an offer and get points buy down on your loan from builders.