I would also be careful talking to property managers - they may have no problem telling about "other" buildings, but change of ownership in their own building is a threat to their livelihood.

-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

And there are landlords who only care about maximizing profit and nothing else.

Quote from @Amy Smith: Be careful you don't get in too deep.

Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!

They can get a better deal for there better care etc etc..

But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.

You have to be careful here.

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

The big thing is always focus on protecting the public, disclose, and take care of people.