If you want to quit your job then you probably want that stable cash flow so maybe it would best to hold on to that property and rent it out....

We did not agree to liquidated damages for early termination - given the exclusive nature of the community, the extremely high commission cost, high property costs (taxes, HOA, etc) and the fact that it can take anywhere from 3 weeks to multiple months to rent it out (at high carrying costs) - we depend on stable multi year tenancy for the numbers to work out.It’s critical that when the tenants renew, they stay for another full year.

My buyer needs to demonstrate stable work history which requires an additional 2 month added.  

Short story: I'm 30 with a stable income in healthcare, my wife just got her RE license and is working for a great agency now (kids are 3 and 6 so she stayed at home during the young years).

They realize the medical field is ever changing so want something more of a hard asset and stable to provide residual income.All kinds of strategies out there.

Your occupancy at 85% is a good measurement for a stable property.

That's why it's important to choose more stable markets that don't have a lot of volatility in pricing.

My clients like to see increase in income and somewhat stable employment.Lastly, I set up the forms electronically - online forms. :)Hope I helped a little!

If all the comparable houses in the neighborhood are flying off the shelf for $100k in a matter of days & you offered $85k the agent wants to hear your understanding or reasoning as to why.

My basic instinct tells me that it is a wiser decision to get a rental with an already stable tenant in place you can see how they take care of the property for starters and they have a history with consistent payments....a little input on this please....Thanks