They will respond to you helping them out with loyalty usually plus it helps them stomach the base rent increases and thrive when the additional CAM is kept as low as possible.In apartments you might hit 3% annually but you are working for that yield unless you are buying in high end areas with tenants that are professionals with a lot of income.

The combination of the two is catastrophic decline in your property value.Your Mitigation Plan is to only buy in areas where rents are growing, new jobs are coming to town and there's a thriving well-diversified economy.

I think its a GREAT city and endless opportunity.. unlike parts of other cities in the rust best were there are areas that are beyond salvage and will eventually go to pasture.Chicago has these incredible brick homes that were built like tanks.. so great bones.. and the city is not dying.. its thriving.. politics aside... to me in your business this is a never ending land of opportunity.. much more so than we have on the west coast..

Figure out how to prepare for a downturn and you'll thrive while others fall apart.

Borrowing as much as you can at a low rate should be a great move at this time-it may make you thrive not just survive.

I should add to the lease, "no greenhouses in the yard .." etc.

But if he is going to grow outside in a greenhouse I would say yes.

And frankly, I think that most of our users are reasonably well-capitalized, have long-term debt locked in, have adequate reserves, did invest for cash flow, and will be able to weather the storm and thrive.

Everyone should read his post (4 posts back), that`s what we`re dealing with here, stick your head in the sand if you choose or start making preparations to survive and then thrive.

It's a thriving city that is still very affordable.