For the same amount of money in an upmarket, a note investor could acquire a larger quantity of assets than they could in a down market.

Also to contribute to that point is the economy there is not strong and islanders are leaving (in large quantities) to the mainland.Curious as to other peoples thoughts?

The increase, however, will nonetheless keep vacancy at a level sufficient to support a respectable pace of rent growth.

Our stated criteria:Our Criteria:We do not deny housing for race, color, religion, sex, national origin, handicap, sexual orientation, marital status, or familial status.We do deny housing to individuals: when the application is not complete or accurate where there is no sufficient income/resources to pay rent and livewhere there is poor prior tenancy: evictions, violations, damage to rental property, poorly handled move outs, amounts are still owing to landlords or utilities.Criminal activity is at our discretion depending on severity, number of convictions, and how long ago.

Many closings have been held up by misinformed lenders, but it scary you found so many.As far as quantity of properties.

@Antoine Martel I wasn't sending this in any kind of large quantity; just to a small list of specific people. 

For sufficient answer you will need to consult an attorney.

Some newer investors may not realize this but throughout our history most banks required a 20%+ down payment, solid credit score, and income sufficient to pay back the home loan.  

This should be sufficient in recouping the loss of a tenant moving out. 

We typically view paying on time as a necessary, but not a sufficient, condition to be deemed "a keeper". ;-)