It's a very common trick right around the holiday season.

Benefits: As mentioned, the major benefit of portfolio lending is that (sometimes) the financial requirements on the borrower can be relaxed a bit, allowing borrowers with less than stellar credit or low income to qualify for loans.

If anything, it is just the fact that people don't like to be moving around the holidays.

So, I am more apt to spend more dollars on the rehab since, theoretically, I should be doing rehabs less often since I have longer tenancy.If my goal were to get as high of a price as I could and I was not trying to achieve a high quality tenant, then it I would spend alot less on the rehab and simply plan on using VERY relaxed screening criteria to find a renter that basically has no other options where they can be accepted.  

Renting during the fall/holiday season might give you more trouble, but it heats up again spring/summer. 

Work will be pretty slow into next week due to the holiday and part of my contractors team being on vacation, but I'll try to provide some photo updates and such next week.

I plan to put in the time to accomplish those two goals (good properties, good tenants) and then relax...rather than the other way around with TK providers properties/tenants which is  easy upfront but then headaches...as you manage your managers, high turnover, etc..#4  If I'm going to spend time then I want to be productive.  

I think part is due to the time of year/holidays, but I have to wonder if the multifamily market is getting more competitive because of all the condos going in EVERYWHERE.

https://www.biggerpockets.com/renewsblog/category/... best of luck much aloha and happy holidays, Danny

@Dominic JonesHi Dominic, encourage you to have a read through the link below:http://japanpropertycentral.com/2016/01/ota-ku-to-introduce-relaxed-letting-rules-from-today/