We call this concept the risk yield premium.

There needs to be a real premium for the extra hassle of managing so many tenants.

Because of their premium condition and locations, Class A properties also come with premium prices.Class BThese properties are generally 15-20 years old, with lower-profile tenants, and may or may not be professionally managed.

Also, both properties I purchased had no buyer's premium and weren't accessible pre-auction, so there was no real estate agent involved.  

It is cheaper than a hotel and you get a premium.

I have filed a claim with my insurance company, but seeing the extensiveness of the damage not only in my unit but also in the unit below, I really hate for my insurance policy to have to pay for this and see a big hike in premium next year.   

Trying to figure out why my quotes are coming in at $2800 for a yearly premium.

Statistically you should be able to advert a lot of the repair cost and if the tenant buyer purcahses the property at the premium price then that is another win.

We make it a point to have really nice properties, updated kitchens and bathrooms, lots of recessed lighting, stainless steel appliances etc - they go quickly and people are happy to pay a premium, and most importantly, we rarely have anyone move out. 

It’s really a bargain price from a premium brand.