I was busy setting up my newly arrived family in Canada and just got my WiFi access!

So, it feels great to finally arrive at this point in my life to make it a reality.

The cost of waiting for the next tenant to sign up will be higher towards the end of the year when the holidays arrive and not many are out looking for new places...

Also, due to your advice, I arrived at my clients house about an hour early today so I decided to make a drive around the area and landed 2 listings and 1 potential.

I welcome these conversations when my client is seeking a mortgage.I am not in the mortgage business, but I have learned over the years that lenders may add back certain deductions to arrive at the mortgage-qualifying income that he or she will use. 

Smart money runs when the herd arrives. 

Therefore, most underwriters take the loss to lease percentage of the gross potential rents number and apply that percentage to the pro forma projections or assume they can operate the property better by leasing units strategically by having leases expire in hotter (temperature and demand) months, thus applying a lower percentage of GPR loss to lease (typically 2% to 4%).

It's in Cincinnati, and seems like the market got a lot hotter for apartments over there.

By the time he arrived I had already filled out a purchase agreement leaving the price blank.He showed me the inside and it was in pretty good shape.

No i haven't used them yet but I probably would use them to sell SFRs (if they ever arrive in the KC market.)