Despite Dan's optimism, know that he gets paid when you buy something from him. you can't trust a brokers for objective information, they get paid even if you buy lousy deals #asymmetry The fay market is a great place to learn, but in the last ~3 years it's efficacy has decreased significantly as the foreclosure market has slowed.It's true that the military base allows for high levels of risk mitigation, but it comes at the cost of absolutely no growth...ever.

So you could look into how you can optimize the property. 

The void analysis tends to show for that immediate area the demand for the space will likely be (national tenant, regional, local mom and pop), and what KIND of tenant would optimally go there for type of business and rents paid.You want to see how hard it is for bars to make money look at Jon Taffer and the turn around show bar rescue.As a landlord as someone else mentioned you typically do not want to pay TI to tenants with a high failure rate (start up mom and pops) as you may never get it back.

not sure about autoadjust, but some of the dynamic pricing utilities (such as PriceLabs  will supposedly optimize your min stays based on your market.Of course, you need to consider one that is active in your market!

Also optimizing your unit - both physically (mentioned above) and virtually. 

This isn't optimal I guess, since he doesn't want to owe ANY money, but it doesn't seem so terribly bad.

And I focus my time on those tasks that will ultimately generate more than $200/hour, which for me is essentially finding deals, negotiating deals, networking and building/optimizing my business.

Amazing that this was written in 1937, a far more depressed time than now, yet what optimism and conviction of success.

It sounds like she hasn't been at all aggressive about optimizing revenue though, since the rents are that much below market.

But once you have been identified and assessed the risks, all techniques to manage the risk fall into one or more of these four major categories: Avoidance (eliminate, withdraw from or not become involved)Reduction (optimize – mitigate)Sharing (transfer – outsource or insure)Retention (accept and budget)Ideal use of these strategies may not be possible.