In scenarios where occupancy falls below 80%, equating to approximately 2-3 months of vacancy, the likelihood of encountering negative carry increases significantly.

However, I got a call from them yesterday saying that they had some things fall through and need to stick with the original 6/30 lease-end date.I now need to do a quick turnaround on renting the place out. 

If a holiday falls I the 1st I don't ding the people when it shows on the 2nd but in general it works well for me.

So, I am not the one who will fall for this nonsense that you happen to share on BP. 

I just posted a video on YouTube on certain neighborhoods in Chicago and there are some neighborhoods where the prices are falling or staying longer on market.

Some people thought housing would crash last year, they aren't falling for it again and are more active in pursuit.

Our government and Federal Reserve must let our economy free fall so our free economy system will self correct.  

Additionally youll want a deep bench of backups in case your regular service providers fall through.

Is he a GC and they fall out of his truck bed, is he doing work projects in the dwy, there must be something specific...So first thing is if the other tenant is causing this, then they should be paying for any repairs and tire replacements.

Prices might definitely correct themselves over time across the country, but I don't see any projections of them going down 30-40% anytime soon and all the projections I've seen, prices are going up.But with rents being so high, and prices still relatively low, compared to a lot of other markets in the country, my experience in this market doesn't lead me at all to believe the bottom will fall out anytime soon.If you've been in Northeast Ohio over the last 5 years you can see for yourself how much they've built up the downtown and University Circle area and literally have poured billions of dollars into it's medical infrastructure, which is one of the best in the world, creating thousands of high paying jobs and people willing to pay high rental prices.But I do agree with Nathan that it's all about having the right team and property management to be successful in this market.