However the situation you’re looking at happens often regardless of that fact.

More often than not, tenants are begging for new leases before theirs has ended because they enjoy their home and they like working with us.When we do have turnover, we bring the property up to market value and start the trend all over again.

If I am under a tight deadline I often outsource interior and exterior painting because its not that hard.

I often forget that soft credit pulls are a thing.

One of the biggest expenses for multis is water and sewer-as often as not it is overlooked completely!

How often are interest rates adjusted?

It's your opportunity to verify the conditions and terms of tenancy so that you don't have disagreements in the future.

I’d love to stay in contact with you, and pick your brain every so often.

@Austin Smith How long has he been there and what kind of tenant has he been?

I am confident that you cannot find one especially if the purchase is financed.If you indicated cost of entry is less in the Midwest, cost of purchase is less in the Midwest, initial cash flow (at purchase) is often better in the Midwest, that much of the Midwest has more friendly landlord rules, or that there are places in the Midwest with lower property tax rates then I would not be taking exception to your statement.However, I know that you know that your statement is historically not accurate.