That evil voice  in my head keeps saying - "the worst is yet to come". sometimes I don' trust it.Two parts question- 1.)

That sounds about right.. for whatever reason I could not wrap my head around it as far as a lender approving a loan and also factoring in a borrowed DP etc.

You can buy and rent when a market is headed up a bit, just like a business or a stock that you sell before a market starts to fall.Buy and hold investing is a term that does not make good business sense.

It certainly is a head-scratcher, and something you want to get familiar with before you start screening applicants.  

Looks like some may have to head for off-campus housing.

@Ryan J Wenrich I really appreciate that Ryan, I’ll definitely head over there and check them out!

That thought (what you just covered) did go through my head.

I guess I need to head over and switch it out.

As far as us having another Great Depression, I prefer not to dwell on things that haven't happened yet and might never happen because that is kind of pointless, but in my heart I don't feel we are headed there yet. 

People are looking for change, not a ton of rentals available and I'd wager things will stay steady as we head into the summer.If you're willing to take such a large discount to fill vacancy do some math and find a lower monthly price to really set yourself apart as a plan b.What I wouldn't want is a tenant who can't pay rent feel like there stuck in your unit because they can't afford to pay a penalty.