For example Phoenix had to reduce rents 8.5% to get to this occupancy rate of 92.92% or a 7.08% vacancy rate.Low concession areas average .87% reduction to get places rented Here are concession values (percent rent reduced to get places rented)for high concession areas.Phoenix 8.5%Orlando 7.36%Las Vegas 9.14%Atlanta 8.86%Houston 7.18%As you can see Vegas had the biggest concession (rent reduction) (9.14%) to end up with a vacancy rate of 8.28%, (occupancy of 91.72%)Rent reductions can take the form of gifts of a month free rent or whatever it takes to entice someone to rent.This is from Axiometrics Inc. and article in the Landlord Times.

Quote from @Ruben Kanya:  [...]There are no comps because there are too many variables that could make 2 exact properties on the same street have very different numbers in gross revenue and average daily rate, a lot of it has to do with aesthetics[...]This has 100% been my experience so far - Gets to the heart of why some properties kill it while comparables sit empty despite enticing price points.Quick anecdote:  launched my second property in June. got a few bookings. 

I wanted to post on here to get some pros/cons of my situations as well as anything I could do to entice the lender or offer to get the best terms.

Motivated sellers who need to sell will have to reduce prices from what properties where selling a year ago to entice buyers. 4.

This sounds enticing.

New construction in Riviera Beach looks enticing but why is it priced lower? 

You are asking the wrong questions and getting the wrong answers.The properties in Alabama may seem less-expensive and more enticing that Florida.

If it still isn't renting I would drop the price or give a month of free rent to entice applications.  

I believe that Tim keeps most of his properties as buy and hold properties and the structure that he uses is effective for doing that because he's enticing the investors to fund the upfront money, while still allowing them to stay in it and make money after returning their principal through a refinance. 

Introduction King Foundation can be an enticing opportunity for investors looking to diversify their portfolios and potentially earn significant returns.