If decision ultimately depends solely on minimizing rent loss then I agree with others, rehab on turnover.Kitchen, bath and spruce up should be a 1 month job if you’ve got all your ducks in a row.

So they actually came back stating the payment delinquencies are due to a broken ankle which stopped her from her serving job which was almost half of her income.

Nice job @Alex Babayev 

While it's great that unemployment has gone down, average wages have gone down more than 1% meaning people might have a job, but those entry level jobs don't really pay muchInventory for home purchases are significantly depressedDepressed inventory is creating higher prices (the old supply and demand)Increasing interest rates are also hitting people's debt ratios, so where they were able to buy a property last year with a 50% debt ratio, that same property has gone up in value and there has also been about a .5% to .75% increase in the interest rate. 

When done correctly, you should be able to leave your day job at some point.

Despite this, I'm a bit ahead of the curve and am looking for guidance as to where to go next.Currently, I work for a luxury brokerage out of San Diego as an assistant to a top producer providing marketing and management of all digital platforms; I received this opportunity through DMing multiple agents on Instagram hoping to get a job after my return from a study abroad as a way to learn about real estate.

Better hope he has a job and can afford the rent on his own or you will likely be facing a eviction.

We used them on a different type of job here, there’s nothing cheap about it.

Awesome job on that, I know it took a lot of work! 

They cannot achieve salaries that can help support their lifestyles as everything in the City increases dramatically.The population that is staying are then benefiting from their higher equity as their home prices increase as well as their ability to achieve higher salaries from those jobs that require a skillset for it.With the higher equity, if they owned, they are then able to send their children to higher quality of schools which we know are expensive today.When those kids come back, they want to stay, mostly because it's a great place and they can afford it by going to these quality schools and Universities.ANYWAY, I think you get the point.I have been seeing this trend for the last 21 years investing in Brooklyn, NYC.