I think if you’re trying to make a quick buck definitely you need to be worried about short term gain and loss but if you are thinking long-term consider the low interest rates as part of the discount for tomorrow’s lower prices.

I felt like I didn't want to make a couple hundred bucks off of people that I'd inevitably end up disappointing, so not giving them an explanation seemed easy as they weren't in it for anything. 

@John B. 500 bucks is not a lot for a decent tenant.

I tell my tenants that the locks are freshly rekeyed and for a few bucks I have the peace of mind having done my due diligence.

So that is $900 bucks.

He had money just mature in a CD and it was only getting maybe 1% if he reinvested.

That’s straight nasty and having an exterminator go through the building and seal it up would probably be a few hundred bucks, would make your tenant happy, as well as protect your building from damage. 

I want cashflow and I want the best bang for my buck.

@Jack Faysash I think a decent bank-for-buck area in San Antonio is the 410/marbach area.

East is a little more mature so you'll see higher prices but it's a great part of town to live.