Another week to collect security deposits, review applications, and place tenant is another $21 per month lost.If the price had simply been reduced by $50 per month after a week with no applications, you've essentially broken even.

We business partner and I started at the end of 2018, began with Drive 4 Dollars looking for distressed properties with potential and we actually found an owner who was very interested in our first drive - that deal was our first ever and only ever started on October 2019...a lot of back and forth, a death and renegotiation took place over period.

Brown also fails to disclose here that she had twelve (12) deals under contract during the Agreement totaling over $600K in potential profit and the smear campaign began when her coaching agreement was due to expire.

However, the limited new retail construction and historically low availability rates should help limit any potential surge in vacancy rates in the event of a demand pullbackHere are several graphs illustrating the current national commercial retail market in The United States of America:Full Commercial Retail Market Report Here: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/file/1189858/United_States-Retail-Capital_National-2024-03-10_a.pdf

I am concerned though about vacancies and potential issues with finding decent property management.

One final note, this property has a lot of potential for value add opportunities as its located right on a major highway and is 2 acres. 

Post your questions here and this community will help you process potential steps. 

For the front end ratio I use: Gross Monthly Income >= 3 x RentFor the back end ratio I use:  Rent + Monthly Debt Payments <= 45% x Gross Monthly IncomeIn this way, debt is considered in a consistent way in determining if the applicant can afford the rental.

Looking to get an external inspector to take a look at a potential investment property.

Make sure that in your financial machinations you account for the potential damages the tenant will be entitled to.