If the market is tough, I reduce the rent rate over the full 12-month term.

I never saw the unpaid rent (and knew that I wouldn't). 

6) Where is your property being advertised for rent?

Yes, you can deduct the 8 days rent from the security deposit.

The townhouse is located in Aspen’s sought-after lodging district, where STRs are fully permitted.

You need to know exit rents if you renovate.

Hi BP Team, We have a few homes in Temple, TX and we are looking to rent by the room.

Even with appreciation, the rent-to-price ratios here still make sense.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.