There's circumstances where this totally works but given the low rate climate today and if you're planning on holding onto the property for the long term, better to lock in the rate and secure yourself for 30 years rather than gamble in the market for 5-7 years ahead. 

If you need to offer incentives like a discount for several months do that.   20 days means you listed in early december that is the worst time of year in my climate so don't despair.

@Franco Montano Agreed, the current climate in California is very anti-landlord and anti-business… which has me also looking to other states for my next rentals, possibly AZ, TX, or FL.

There's a well-known phenomenon in larger balloon-framed buildings in extreme climates where the joists dry out and shrink closer to the external walls and retain more moisture and hold to their original dimensions better in the middle of the building.

Good Afternoon Everyone, Although everyone says carpet is bad in rental properties, should climate make a difference in that decision?

In this climate we are continuing to underwrite deals, but few are penciling out.

Can they go above 70, in some cold weather climates some people will go above 70 up to 72-74.Have you spoken with the tenants about this?

Some information/data I am looking for are:- demographic        - industries      - economic climate      - population            - income           - crime rates                 Does anyone know of a one stop shop or even just good resources for each of these pertaining to specific location or zip codes?

I also try to stay away from finished basements for the risk of water damage and mold in my climate. 

@Benjamin Williams Congrats on taking action in this challenging real estate climate.