I'm sure your occupancy will go up!

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

It, will go up next year.

It has come up quite a bit, still is a bit dangerous but appears to have plenty of room for improvement and appreciation.

A tip is voluntary, so your tenant could agree up front, then refuse to pay.

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

Simply, I disagree. 

I do feel that rents are probably going to catch up over the next 3 - 5 years.

And it's very pertinent to today's environment because it doesn't look like interest rates will be coming down much, if at all this year.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.