Since I'm in Arizona and I see this problem (illegals) a lot (by the way we boarder Mexico in case you don't have a globe) and we as a family go see the band the "Merry Achies" at holidays and eat tacos and tortillas, and see Indian hoop dancing, and basket weaving, it isn't about the food or music.

If they lease between November and mid March you are adding vacancy to find the right person at an optimum price so I would  make sure they end leases and set new expirations in the spring to early fall to ensure that.Back to asset class though think of that because if the preexisting tenant is dirty and destructive not only do you need to pay to fix the stuff their deposit won't cover but you also might have 2 to 4 weeks of vacancy before you can even start to lease it. 

Even after the housing market crash in 2008 where the price of the S&P 500 dropped from ~$1300 in August 2008 to ~$700 in March 2009, the price recovered to ~$1100/share by October 2009. 

I am a PM and I am not getting to concerned until March.

Welcome to March.

A common question we receive from our investors is what do properties marketed as Class A, Class B and Class C mean, and why does it matter?

The South’s Best Cities On The Rise 2024By Southern Living EditorsUpdated on March 6, 2024PHOTO: LISA CORSONAccording to the U.S.

Sometimes it is best to pull the band aid off quickly. 

We went from a historic less than 50% collection month over month, to our highest collection of 80% in a given month.Today is March 6th and we collected 32% of the rent - A major increase.

Also, you could probably talk with him in person at Red Stick REIA in BR in a few weeks in early March.