Statistically speaking security deposit dispositions are the number one reason landlords are sued.

I just listened to Brian Buffini and he said a statistic that 5% of internet leads actually do something.

I understand the trials and tribulations of working with friends and family, but I am willing to take these on for my first deal.My experience in real estate isn't super extensive but I am a data engineer for my day job with a background in statistics and finance.

I've got to agree with everyone else -- move the rent down a bit.Three statistics that I keep on repeating to new landlords: the USA has a 62.9% homeownership rate.

A Real Life Example To lend credence to the above, a recent example comes to mind regarding a modified bitumen flat roof that had already exceeded its statistical life cycle by somewhere around 5 years or more whereby the current owner and occupant of the property had come to realize that it would probably only be a matter of time before they'd begin to experience more problems with the roof resulting in leaks that could jeopardize the operation of the business not to mention that any additional repairs would essentially be a waste of time, money and resources in postponing the inevitable resulting in a recover or complete tear-off and replacement of the existing roof covering.

However, it is also a fact that, statistically speaking, college graduates will earn more income.

Condo median prices dipped slightly last month, but unless you see a dip for a few months consecutively it's likely to be just statistical noise or related to the season.

Supply has gone up slightly in Atlanta but no price decreases. 60-90 days on market has been the statistical average over the long term.

@Dev HornOMG Dev, I'm so glad your experienced view and hard statistics was added to this thread.  

Obviously I'm generalizing but I think the statistics would back me up.