In 2011, we saw delinquencies spike from the 30-year average of ~3% to a peak of 11%.

In 2011, we saw delinquencies spike from the 30-year average of ~3% to a peak of 11%.

And yes, my median stay across all properties is 30 nights, average is 11.

I would venture to say that having a vet school nearby might gain you a better "class" of pet owners than available to the average landlord.

The large supply of units may result in rents being lower than average for the foreseeable future).Having said that, if you have a long term perspective and can weather downturns that may occur in the market, the Phoenix MSA would be a great place to invest.  

These are all reasons that we should do better than average in the short run.In the long run, San Antonio is positioned to do very well.

What’s the average vacancy rate?

This is not including the property appreciation, just the cash flow would have been far above the average city if analyzing for 20 years (I am confident that it would have been better than any of the traditional zero appreciation Midwest markets). 

I would take the average for the year and divide it by rooms or people or unit.

We chose Mislata because it's in the top 10 most densely populated towns in Europe with a population of approximately 54,000 in just 2.1 square kilometers which made the average rent very high.