Despite ongoing material and labor shortages, apartment construction continued on pace this year, with more than 330,000 new rental units expected to be delivered coast to coast by year’s end.

For "professionals" that are roommates (all named on one agreement), usually all will have good income and background, but if one is weaker, with the standard "joint and several" clause, the better qualified individual will want to maintain their credit rating and resolve any shortages if an issue arises.

Zillow and other Internet searches show there is a huge shortage of Rentals available in that Market with only 3 available rentals currently listed.

For us, the town basically said not going to happen because shortage of parking....this is north jersey by the way.

When my kids are at school, try to knock out my big projects,” said Vanaman.Realtors say a lot of investors in Memphis want to “buy and hold,” which is only adding to the shortage.

There are a lot of distressed properties, and a huge rental shortage.

However, there are a LOT of plans for revitalization and rejuvenation in progress ore recently created (creating jobs, bringing businesses to the area, creating programs with the local colleges to increase education rates and increase the pool of qualified and skilled employees - in the area of nursing, etc, for which there is currently a shortage in this location.). 

In a market economy, how much a person "deserves" is based on whether you can fill positions without a problem or whether there is a shortage of applicants for a position.

Let them go, clean it up, re-rent it and send them a bill for whatever shortage you have.

There will be no shortage of "like-minded" investors here!