Holding time frames like that makeup for any market issues.I have a lot of data and podcasts on Denver market stats, if you want any, let me know.

Bundling properties often creates more difficulty than it helps including:1) Most lenders have a preferred property type (or even geography) and when you bundle two with different stats (like high occupancy and low occupancy) it results in them being uncomfortable with one of them, hurting their terms on the one they liked.2) When you bundle parks together, it can cause problems if you then want to sell one, as you have to often break apart the loan and the defeasance cost (on conduit) is massive.That being said, all that matters is the actual situation and the lender at hand.

Check crime stats.

So that's where you've got to examine your own model and needs.

My point being just pull every 3-Family comparable in the town and examine them thoroughly 

If rent is $2000 and Mortgage is $1200 or less, examine closer. 

If they want to save money they should turn t-stat up 3-4 degrees when they leave.

I also just passed the RE license exam in July.

Had not thought about a Variance board and it definitely is a good option to examine further.

@Maureen McCannThose stats are just amazing!