Some charming gals ordered me to lower my rent by $165/month--more than I can do.An amusing detail: One guy toured the studio I'm renting, told me he couldn't afford the rent (he'd been misinformed about its amount), then came back later and applied saying he couldn't find anything in the area under $1,000/month (I'm asking $615 for this particular unit).

Putting the sellers Realtor on my side worked like a charm.

I am looking for an all-encompassing book for first-time landlords.

I would adjust up or down if the neighborhood is particularly charming or still feels rough.  

It's not whether or not I can solve the problem, whatever it is, but how much of my time this will encompass and what else could I do during that time that produces equal or higher profit with less hassle or risk.

So my response was ok you old broad, you win, you know I can't resist your charm, 80/20 it is.

I'm currently in talks with a BP agent/investor who I'm hoping will be the third time charm.

I haven't seen that kind of growth in less fashionable suburbs and sprawl markets.As a resident of the most hyped urban region, I see people trying to hold onto a dream of ownership that encompasses their love for an area.

@Anastasia WardOnce sellers start getting the idea that you can AFFORD $200k, they will hound you (charmingly and sweetly), until they relieve you of all that cash that's burning a hole in your pocket!

I also built one home on 46 Aiken that was bought by Shep who is on the TV show Southern Charm.. he is the poster child of what is happening .. .but in the rental markets of the mid west these old dynamics are at play and still going the wrong way.. this is why so many get wiped out when they buy super low end properties.http://www.postandcourier.com/article/20141018/PC16/141019444