Heres the letter, its short:July 11, 2013To: Name removed ("Lessee" and "Tenant")From: Name removed ("Lessor)Re: Breaking/Early Termination of Lease at (address removed)After consultation with our attorney and careful review of the terms of the "Condominium Unit Apartment Lease" (which bears your signature) , your request to terminate your lease one (1) year early cannot be approved.

We had tons of interest and ultimately got a two year lease at $1200 per month.Also, our ad includes the requirement that the household income be at least three times the monthly rent.

It's not unheard of for condominium corporations to set their fees lower than they need to be (or have governance which to not allow fees to increase sufficiently over time) so as to make the unit more saleable.

The median price of condominiums was $413,000, up 22 percent from $338,500."

Austin's Competitive Housing Market Keeps Residents In RentalsAUSTIN (Marcus & Millichamp Real Estate Investment Services) – According to Marcus & Millichamp's Austin multifamily market report for first quarter 2018, steady migration and household formation are facilitating healthy demand for housing in the area.

I am not sure if I missed it but hopefully there's room here considering the households and commercial businesses around that you can possibly capture.Let me know if I can further assist, I'm looking for partners in a new jv in ss.

This can cause people to trade down in their housing in order to balance their household budget.

In fact I know a lady who is looking for a house like this who wants to sign a 'lifetime' lease.Unfortunately I have some rehabs already in progress and my moonlight/weekend people are tapped so will need to use a more traditional/full time contractor team on this.There are some useful items at the house, extension ladders, tools, household supplies, etc.Best wishes for your projects.

So these households, on one end of the spectrum, continue to be renters.And then on the other end are the millennials that are so convinced that 2007 will happen again that they're afraid to buy a home.

Build up an emergency fund of 3 months worth of household expenses.