Any word on corporate/commercial development in the downtown area of Norwich?

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It's not a mind-boggling salary, but it's enough, and the economical decision would be to move into a LCOL area and thrive.

How do I obtain the current market data for average annual occupancy for the Destin area? 

With a favorable market and minimal improvements needed, we saw a profitable opportunity to capitalize on the high demand in the area.

I think this will become much more common in areas where people are being priced out of the market.

You area allowing the Bank to do the background search on the Condo first which is done upfront.

Forget the opinions, look at the supply and demand in your area.

As for general rent increases, if tenants can pay and are just low on rent then we generally come in and offer a lease at near if not just about average market rent for the unit in the area maybe a smidge under market the idea being if they stay they are getting a deal and don't have to move and I don't need to redo the unit but the rent is essentially up to market.  

I am not sure of location but I am open to different areas.