Here are the year-end market statistics for the South Florida Real Estate market (Broward and Palm Beach Counties)As you can see...The number of listings is decreasingList Prices have leveled offAbsorption rate increasingDays on Market (a leading indicator of price point validity in my opinion)This data is for residential properties.

In addition, I was unaware that there would be a new assessment from land to a completed unit, so the taxes increased significantly, which led to a few months of negative cash flow.

If the Housing Authority later pays what’s owed than it just negates the notice and no harm done.

Also, how can my monthly cashflow be negative when my CoCROI is INF%??

Originally posted by Account Closed:I hardly go by this statistic however...

I provided this information to my client, and suggested we waive the requirement considering: They had no negative credit marks, they were close to the required score anyway, and they had the necessary income.

Just remember: most negative reviews are written by problematic tenants.

If she is being rude it will have a negative effect on the other tenants causing them to not renew and therefore a high turn over. 

A great deal poorly managed negates all your hard work after acquisition.

This would negatively affect the possible equity in the property because it would greatly increase the taxes, as the city taxes are already pretty high.So obviously scenario 1 is much more complicated, with many more hoops to jump through, but the amount of income to be generated seems to make it worth it.