@William Henze In 2011-2013, I purchased about 2 dozen lower end condos at the the trustee sales.

Pricing for the lower credit scores is higher for obvious reasons.

If there were no commissions to be paid, I (the seller) could lower the price accordingly. 

I live on Long Island and my husband and I want to do a house hack to lower our housing expemsws.

If you're adamant about being a rental property investor in this phase of the market, seek high yield in lower appreciation markets out of state. 

I don't know what a good vacancy rate is as opposed to a bad one.. but if your managing 2k to 10k houses I suspect your always have some manner of vacancy.. the main take away for me is you simply cannot buy property in the "cash flow markets" were your buying in the lower third of the economics of a given MSA.. those are just tough for whatever reason history has proved this.. most of the buyers have only them selves to blame here.. they are all mesmerized about COC returns and take risk they just don't understand.. then they blame the tenant and the asset.. when in fact its their own choices that lead to the inevitable in low value asset or bottom third in price point in a MSA..

I lowered rent to $975 on FB and it's $1000 everywhere else, I'm getting roughly equal leads. 

This is specific to single family homes, so you could definitely lower these amounts, especially CapEx, for a condo where most of the major expenses will be covered by your HOA.  

I use it as a short term revenue filler while I'm looking for long term tenants who are much lower maintenance.

Even if you were to pull out your equity now the lower return on the properties combined with the higher returns on your investment in a fund would be higher.Real estate is the last place you want to park dead cash you have no possible use for.