IF not they will hang up and you just move on to the next caller.Email responses are slow way to attract tenants, put your phone number in and start answering the phone. 

I believe the casinos are not really attracting a lot of attention anymore, so that probably means less employment in that area versus the last 5-10 years.

I have researched lending limits and have worked really hard to get us squeaky clean credit and make us attractive borrowers. 

John Frankwithout a lot of info, I would say:- 4% vacancy seems low, specially in what I imagine are 1bed/1ba units, which tend to attract a more transient tenant.- $20 electricity?

Another Business that I'm aware of such open gouging of our wallets is: Guru upselling!

You may need to sweeten this a little so it's more attractive but this would be a good model.

@William Brown,The others have answered your direct question adequately, I think.My suggestion would be learn how to attract and engage private lenders if you're cash poor or don't want your own capital tied up in deals.

That could attract bums, and you will pay for it when tenants move out.

Helen seems to have much more to do with a whole town of attractions, restaurants, etc, and a huge weekend for Octoberfest, plus all the other weekends like Labor day and memorial day would be pretty great rentals.

I don't know much about Memphis but I doubt it has more future value upside than Chicagoland.Then you have to ask yourself what type of tenant do you want to attract?