We don’t have a clause in our contract to account for this, and we have been actively looking for new renters with no luck so far.

I actively engage with my network of investors to provide opportunities.I’d love to meet with any investors or investor-friendly agents in the Phoenix area and all throughout Arizona.

This means that if anything goes wrong with the property—like a tenant getting injured or a lawsuit related to the rental activities—the LLC, not you personally, would be the one held responsible.

I wouldn't worry too much yet but if after a couple more days of no activity, I would bring the price down a bit to be closer to the top end of the market and see if there are recent comparables that have been rented (especially if you have access to the MLS)

@Haley ElisabethA few things to point out/think about from someone that is active in your target market.

btw - I’ve saved some of these recommendations and am actively looking in Indianapolis. 

I’m active in Huntsville as an investor and turnkey property manager.

As illustrated in the diagram above, the investment city determines crucial factors: rents outpacing inflation, acquiring multiple properties with minimal capital, and the longevity of your rental income.

For example, we have a multifamily deal in the boroughs where the contract rider specifically states if the owner cannot deliver the property by X date, the purchaser can back out with their deposit.If you have some flexibility on the contract, you could continue shopping active deals as backups.

The only problem was doing nonproductive activities.