That is one way you can make money in this environment

I am really sensitive to the economic environment up here and being careful not to over build.

Real estate is one of the last great free-market environments. everything is negotiable, and some providers are better than others, meaning they offer more complete/sophisticated service and response, wider marketing exposure, etc.I compete routinely against both higher than 5% and lower than 10% management rates and anywhere from one month's rent for a leasing fee, to half that. 

Peace...

@Shannon Peace might also be of help.

I'd suggest defining what financial peace of mind is to you, and focus on elements of this biz that will get you there fastest.

"We had no intention prior to the receipt of the most recent sanctions of closing down despite the challenging regulatory environment that now threatens all proprietary higher education."

In this environment, I have been hearing that we are closer to a top in prices than the bottom - across the US, due to the nice appreciation experienced during the last few years.

He's made millions...and by the way he finds it very hard to find suitable deals in this environment too.  

I've learned that in this environment hard work only leads to more work.