It also reveals how important it is to anticipate shifts in the market as they can make a home run into  a strike out if market conditions go against you.

[By the way, it now looks like your "If we can strike a cash deal" comment DIDN'T really mean non-borrowed cash after all?

Check out Metro Detroit.If the current UAW strike drags on and starts affecting rent payments, it may drive some investors to the brink and force them to liquidate.

It's a seesaw ride, so you have to strike a balance.

They have been highly accurate in their monthly rent recommendations striking for the 98% level of market rates that keep the units competitively priced and fully occupied (again, only missed one month in 12 years during a new tenant coming in); and their property manager communicates effectively with all parties (Tenant, contractors, and myself).  

We need some good press right now with rent strikes being threatened all over the place. 

By 2014, the building had appreciated and I had paid down a healthy chunk of the principal balance on the loan (which lowered my strike price).  

Its an informal discount to entice a would be buyer to go through that process, a process that we see can backfire (Rent strikes, collective bargaining by tenants opposed to relocate ).

That said, I think striking a balance is important.

If you didn't do your chores you got a strike and had to do them and buy everyone beer.