Colleen is highly likely correct, they are planning on leaving but have not yet determined when.

I'm getting outbid way about asking the last few weeks, so I think I've been priced out of that market, but were fortunate to pick up two out of the 20 or so we went for.    

Between books I've been reading and information I've researched, I'm confused about how a small multifamily property's value is determined.

Do nothing and the trash gets picked up, snow gets shoveled, pests get killed, and other bills you never expected to pay will be payable.

Ex.Income approach monthly with 70 GRM$750 x 70 = $52,500 (retail income value)Annualized Income approach with 70 GRM$750x12 = $9,00070/12 = 5.83$9,000 x 5.83 = $52,500$1,500 Gross Rental Income for $100,000 retail income valuevs$1,000 Gross rental income for $100,000Property usage determines the return and highest & best use.

Hi everyone, I am curious to know how investors determine the market rents on their properties.

Hah, how does one determine the tenant lettergrade? 

Which is I'm currently looking at other areas I can relocate to where deals aren't so scarce they get picked up by investors within a week.

Maybe let me pick your brain.

thanks for your input @Jon Van how did you determine a fair weekly salary and what percentage he would get after the sale?