@Charles Stanback ,Population growth, job growth, crime, schools, taxes, occupancy levels, labor availability, etc. are just some of the factors that play into it.Larger macro-economic things like credit markets can also have an impact at a given time,

These are young professionals who probably dropped 200k on an MIT education and you think they are suddenly going to destroy their credit and ability to rent in the area where all of the jobs in their related field are because they can't come up with rent?

A better strategy would be to get your finances in order, get a job that pays well enough to save, and when you have saved some and have built your credit, look into real estate.

We both have credit scores of over 750When we move I will have about $65K in liquid cash or so for a down payment on a house.

You and this tenant have definitely started off wrong and functioned poorly for 3 years.Get your own tenant and reclaim your profits.Then see if there is a Landlord Association in your area that you can join and start attending local meetings to get local support and information.We want to see you successful!

You can try local credit unions or small banks in your city.

Bad credit, no savings, a low-paying W-2 job, etc.

I am in the final stages of writing my contract for my wholesale deal (I meet with the sellers to sign tomorrow) and I just want to make sure this is 100% without a doubt right.So, I have it written in my contract that the EMD will be credited to the escrow account at my title company FOLLOWING the 20 day inspection period.

Some units are poorly insulated and the tenant downstairs can hear the tenant upstairs talking on the phone or watching TV.

Depends are who can crunch the numbers better, depends on who is willing to take bigger risks, depends on who is hungry for it, depends who has better cash upfront, depends on who has better credit.