She said she would be extremely difficult to find  a new place in the next 26 days with the weekend. 

There are some local job workers including school teachers, 6 or so Sect 8s, 3 retirees and 3 'absentee' renters.  2nd home folks who like the area and have family there but have houses and lives hours away.The vacancy rate when I bought my 1st apt bldg there in '03 was 20% and I was buying at a 14 cap. 

My Property Manager tells me that 3 bedroom units are actually more difficult to rent out (in this area) and the tenant quality will be worse.

., cap x, vacancies, etc) the property should cash flow about $1,700/month. 

We are actually seeing some of this in SF where rents are being capped by continued condo supply and appreciation has slowed down vis a vis SFH.

I had no money and knew nothing about ROI or CAP rates.

Property/Deal Profile General Guidelines Purchase Price 700,000 1 Percent Rule (%) 0.857142857 Down Payment (%) 3.50% 50 Percent Rule 3000 Down Payment ($) 24500 Cap Rate 8.214857143 Interest 4% Cash-on-Cash Return 26.73744578 Term (years) 30 Loan amount 687,321 Income Cash Flow Rental Income 1 2500 Total Monthly Income 6000 Rental Income 2 3500 Total Monthly Expenses 5075.33 Laundry Income Storage Income Misc Income Total Monthly Cash Flow 924.67 Total Monthly Income 6,000 Total Annual Cash Flow 11096.04 Expenses Cash-on-Cash Return Taxes 750 Down Payment 24500 Insurance 58 Closing Costs 0 Water/Sewer Rehab Budget 30000 Garbage Misc Other -13000 Electric Gas Total Investment 41500 HOA Fees Lawn/Snow Vacancy 200 Repairs 200 CapEx Property Mgmt.

Also the most difficult for hobby landlords to grasp and master.

Will a mortgage be difficult to get on this property?

Cap rates of 2 or 3 and the agents say you better jump on it now.What happens with me is I run my numbers and yes they must cash flow or I am not interested.