23 days on the market doesn't seem like that long, especially since the holidays just passed.

Collection agency turnover the case to attorneys rarely only when judgement is large and landlord is willing to pay heavy attorney fee, which can start at around $3000 for filing garnishment but even that doesn't go anywhere without a valid address of the tenant.

*Again, this doesn't seem necessary on your current lot because you are allowed to build a 2-flat, by right, on RS3 land of that size.

AB doesn't have any of those. 

Why doesn't your PM have answers for you?

There’s almost always a rate at which it just doesn’t make sense.

Quote from @Anil Shah: It doesn't seem worth it.

In some syndications, returns may be higher than 15%, but it can be more risky in that there are usually many people involved and if the operator doesn't perform as originally explained then the process of getting your money back can be a little more tricky.

Low cost + high rent/value ratio.My market of Middle TN doesn't have any livable property for that price and the 1% rule isn't very realistic. 

You think that doesn’t affect the bank stock/image?