My company finds properties for all sorts of investors here in Fresno and fills them quality tenants.

If you screen properly, you find you don't have the high quality tenants looking to rent in these areas.

If you are already at the upper end of rents and push it higher because of "perceived" value adds like the seclusion ect you will just end up with poorer quality tenants most likely.

I know Bloomington is a great city with a lot of upstanding citizens for a college town so I'm sure you can find quality people, I was just curious if you were renting to undergrads because that would terrify me.

With rentals you can get complete opposite spectrums of rehab quality.

The quality of an incoming lead is way better too.

I pay $2-5 a gallon of high quality paint.

If the HOA's didn't exist some of the developments would have abandoned cars, high grass, for sale signs posted all over the place; and a quality of life that individuals might not expect.

Troy,Core Seattle cap rates range between 4.0% - 5.0% typically depending on age, quality, and location.

Very low vacancy rates, quiet neighborhood and quality residents are making things relatively simple right now.