We are more likely to simply reduce our asking rent than offer a concession.FWIW, I did not read the attached article.

Could you please give me a specific example of 1% rule, maybe a recent deal your client did in 2023 or 2024  (without giving out identifying details of the client, if allowed)?

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

We never hired a manager because it simply would have taken too much out of our profits.

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

I simply went to Wells Fargo (Wachovia at the time) and asked for a trust account so I could hold deposits.

Simply giving the tenant notification you are ending their tenancy when the lease is up or ending their month-to-month tenancy depending on the current status. 6.

I'm not a fan of flipping simply because I hate paying taxes when I don't have to.

Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.

EDIT: Can't delete this post, so simply editing it.