Have you noticed that having a higher bedroom to bathroom ratio has seriously decreased your tenant pool and therefore potential rents?

I was wondering if FNMA REO would operate by a different set of mandates or policies that would tilt in the buyer's favor during negotiations.I noticed the seller agent listed extraordinarily high and has been steadily decreasing over the past 90 days.

For example, if your rental properties targeted the minimum wage class and as the minimum wage increases, the number of available jobs are reduced, you are going to have decreased rents and increased time to rent.

What you would be looking to decrease is your appraisal / assessment.

And having some education about what makes a good rental property and increases/decreases risk, so you can minimize your overall risk.

@Mike D'Arrigo My rent sources are as follows:Rentometer: Median for a 4 bed is 1100CL: 3 beds around the area go for 700-800.Seller's agent says this house rents between 900-1000.I went with $800 as a conservative number, but the plan here would be to start at 1000 and start slowly decreasing the rent if there's no interest at that price.

After talking with the seller last night she refuses to decrease the price at all.

You also run the risk, granted decreasing as time goes on, that there could be damage in excess of the remaining deposit and they could walk and you are in no better position.Just explicitly state in the lease that the ETF is one month of rent or if you prefer, have it declining over time that the lease has been in place.For an overview from the state of the relevant laws:http://www.dca.ca.gov/publications/landlordbook/ca...Two books I found helpful is Leigh Robinson's book http://www.landlording.com and Nolo's Tax Deduction guide for Landlords.

It's a 4plex with one unit being a 4 bedroom, 3 bathroom unit (Very large overall).We would be renting a combo of per room, and maybe offer two to a room for a decreased rate.

I balance that with mortgage/insurance costs and throw in some speculation on property values increasing/decreasing and add a pinch of intuition.