This might be a positive for you as there might be a lack of affordable housing in your area, which could be a positive for your vacancy rate.  

Thank you for your comment, as it made me think about my position on the buy low keep low premise.

Never allow any tenant to be in a position to negotiate their rent.

Try to notice how old is the condo community is. - My condo was built in the late 70s so the community is at the point where many things need to be replaced. 

Whenever I am asked for a referral, I happily point them to links of people writing positive reviews about our company on BP, Facebook, Google, etc., but I would never give someone my clients' name or information. 

Currently I'm amortizing 750$/month of principal, which will grow over time.I have two other rental properties with positive cashflow of 200$ each.What considerations should I take when checking if I want to prepay the mortgage on my negative cash flow property?

Looking to order a book on wholesaling that teaches and gives you the tools and knowledge you need in order to achieve and have great and positive results in this buisiness

The common phrase I've heard over the years is the best time to buy real estate "was 10 years ago".If you buy with cash flow and have financing that doesn't have a short-term balloon, you should be able to ride out any storm and be positive on the other side.

All of my properties have been cashflow positive and appreciated due to right timing and neighborhoods.

I have noticed from my mentor and other accomplished developers (Lucky enough I have a mentor who developed 100s of projects worth 100s of millions) that once they know a deal makes money they dont talk very about EXACTLY what everything will cost and RARELY how much they will make.