Guess what since previous weak tenant was market rent you are losing your ***.I look at high cap stuff when it's few years left ( blend and extend ) or it can be weaker tenant at higher cap rate like 10 cap BUT I want them paying about half the going market rent for the building size or less in that market.

The conventional loan rate was 7.625% for 30- years on a selling price of $100k What made you interested in investing in this type of deal?

In either case, I'd be looking at markets with a growing population (demand), a shortage of inventory (supply), and a market that has a net positive importing of jobs with wage growth.As the Fed's a poised to make some moves with interest rates later this year, the question still remains to be seen what they will do with their QE/QT policy on their balance sheet as that will affect long term 1-4 unit rates. 

Check into their BBB rating and real reviews.

Their needs vary over time and the market interest rate varies.

Ask yourself who makes the most profit and has the highest ratings on airbnb?

These are not actual numbers but just for illustration purposes - though look quite realistic for the market I am considering based on Zillow, FurnishedFinder and other sources.Vacancy rates for MTR are low due to an acute shortage of nurses. 

In most of the Portland Metro I would say a 5% vacancy rate is safe for running numbers, in Forest Grove I would bump that up to 9 or 10%.

As Opposed to cap rates and are the tenants paying 900.00 a month going to trash my cash flow rental :) We are of course on the same page regarding agents I have had hundreds come through my brokerages and 80 /20 has been alive since day one.. 20% make 80% of the revenue..

High occupancy does not equal the highest and best use of that unit depending on your nightly rate.