If rates come down at all I predict we’ll be back in a strong sellers market (competitive offers, steep appreciation etc) because inventory is still low. 

We offered our impacted tenants a hotel room while we were awaiting repairs, but both tenants decided it was easier to stay put. 

@Will Jones, we are in the process of putting an offer on a piece of land in where we will build a building for one of my businesses and then lease out the rest of the space.  

Cities like these offer untapped potential without the intense competition found in larger metros.3.

Quote from @Rick Im: I recently submitted an offer on a house listed as having 5 bedrooms and 3 bathrooms.

We had a couple "we buy ugly houses" type companies come in and offer less than even the lot itself is worth.

Maybe offer a 2 yr renewal with $1500 yr 1 and $1600 yr 2 or just a one year renewal with $1600 in rent

I think they stopped offering it and started an investment group.

If so, offer that price and if they doesn't like it let them be someone else's problem.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?