I'd argue that they don't need to be familiar with your specific market.

The question is we were not planning to renew their lease either way because they are constantly late and their lease is up in 5 months so if I give them the 60 day prior notice to the least expiration date that we are not renewing would that be looked at as us retaliating against them for them calling code enforcement on us I'm concerned about that and just wanted everybody's opinion and input or do you think I would be better off offering them the option to renew the lease and up in the rent about $300 or $400 since it's way under Market rent for the area and maybe they'll choose on their own to leave and that way they wouldn't have any means to argue that I was retaliating against them thank you all for your help I appreciate it

I would argue that in many markets washes have the opportunity to increase sales through customer service, marketing, or product changes in the same way an apartment building can increase rents.

So in Dutch, it is known as a ABC deal.

If they received this notice, it could be argued that they neglected to look out for your best interest.

You can argue that the our economy (the worlds in fact) now requires low rates to function and that may be true.

As a Veteran of 21 years, I would argue that Veteran status is not an indicator of quality.I'm also not sure what you mean by "preference" towards Veterans.

@Anthony Dooley I'm certain you would argue that the military, in any branch or capacity, is far more than a job.

Here I will focus on evaluating and comparing deals.I argue that cap rate as a return metric fails to tell us the entire story.

I have posted recently about this property I am in the process of purchasing and compared to the numbers I see floating around on other posts, I feel this property is either too good to be true on returns, I am running the numbers wrong, or this property is a gold mine.Purchase Price $145,000Down Payment (20%) $29,000Mortgage (15yr/4.75%) $10,824Rents (6 units)Unit 1 - 4 = $675/moUnit 5 - $650/moUnit 6 - $600/moTotal Monthly Income = $3950Total Yearly Income = $47,400Expenses (Annually)Taxes - $2570Insurance - $1200Heat - $3200Electricity - $2600Trash - $600Water/Sewer - $1200Propane - $300Snow - $800Lawn - $800Vacancy - $3000Repairs - $3000Management - Zero as I will be managingMortgage - $10,824Total Expenses = $30,094Income $47,400 - Expenses $30,094 = $17,306CAP RATE after all expenses/debt services - 17,306 ÷ 145,000 = 11.9%CoC Return - 17,306 ÷ 29,000 = 59.6%Some may argue vacancies and repairs are low, but in my case, based on what I know and see with this property, I am confident in these numbers.