Generally if people are in town they stay with me till they have to go.Everyone wins.The downside is if you get a bad apple in the house it can and will spoil the entire bunch.

Time overcomes low cash flow to some degree... rents go up while your mortgage stays the same and your tenant pays down your mortgage.  

Its a good discussion, these stories always help to re-evaluate and discuss our markets, or whether or not it's worth staying in them.

Shayan,Best option to avoid issues and stay risk free along with having a better approval chance would be to go with a Cash out refinance.

This shifts the conversation from opinion to facts, which is harder to dispute.Keep Emotions Out of ItNegotiations can get tense, but staying calm and professional gives you the upper hand.

Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

If you don't have the relationships, hire someone who does.This is why Brian Burke can go “large corporate” while I have to stay “small private”; he has the ability to MANAGE PEOPLE that I do not.  

In construction, there is only so much you can do to reduce your margins while staying profitable.

thanks for helping justify my decision to stay with Stessa.  

Folks just need to understand things never stay the same..