Finally, work with your lender to assess the financials thoroughly before jumping in.

People weren't renting properties as quickly, and there was an increase in vacancy.

I think the story across a lot of the upstate is similar, net exodus from 2000-2020, followed by a surprising increase in prices and population growth following the pandemic as people (and companies) searched for affordability. 

.⚠ Other Issues – They could be hiding something (evictions, unpaid rent history, or other financial instability).What You Can Do:✔ Ask for the official employment verification letter – Many HR departments provide standard verification letters upon request.✔ Verify pay stubs – Cross-check them with bank statements to confirm deposits match.✔ Call the employer directly – If HR is off-limits, ask for a manager’s contact instead.✔ Stick to a Consistent Screening Process – Fair Housing laws require uniform screening criteria, so making an exception for one applicant could lead to discrimination claims.

Was this an update to the unit that enabled you to increase rents?   

Been a lot of work and Lot of exposure financially I borrowed about 50 million to pull this off..

He's financially free! 

Do the schools have increasing or decreasing student enrollment?

Also, as long as the house appraises, taking broker commission and using it against down payment and closing costs means lower cash requirements for me which increases my CoC returns.

Keep in mind studies have been made to where rent control actually lowers vacancies and increases rents.