The property is located near Main Street and the local college campus... pretty good location for this small town.POPULATION:14,096UP 6% SINCE 2000AVERAGE INCOME:$59,823 PER YEARAVERAGE AGE:33 YEARSGENDER:50% MALE50% FEMALEHOUSEHOLDS:5,09936% WITH CHILDRENAVERAGE VALUE:$141,509OCCUPANCY:70% OWNED30% RENTED13% VACANTAVG.

. - timing a market is always 20/20...Remember that in a recession, some properties are traded for a higher cap rate, but it's harder to raise rents - and in a value add deal is the main source for your profit.

(No ownership... just debt servicing a percentage of gross receipts.)

Unless the debt is for a significant amount, it may cost you more (time, money, anguish) than it's worth to pursue the matter.

Obviously cost would be the main factor, but everything else is exactly the same.Yeah, numbers are key.

that occurs on the 2nd Saturday of every month which is mainly composed of out-of-state investors. 

So in this short period of topic, probably mainly flips, maybe 2-3 rentals.

I am not sure how well they are marketing them either.The main question of this post is, what should I do in order to get these units rented as soon as possible before the holidays?

For example, Finance of America has their own calculation for debt coverage that may limit the amount of leverage they will lend to.Best of luckStephanie

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