All other MId west or upper east markets are stuck where they are with no hope...

General State of the Market - Leasing Activity: Flat, Rising or Declining? General Outlook?Typically, from 2013 to 2014, overall real estate market conditions for retail have been stable. The general state of the mark...

It may seem wasteful, but price labor costs on an as-available basis vs. that inevitable middle of the night emergency mid-winter.

If you reside in the mid-Michigan area then come on out.

I got the feeling that it probably works better in smaller or mid-sized markets rather than an L.A. or other huge market.  

And the loans are usually loans to COST not ARV  as we know ARV is a figment of many peoples imagination in the Mid west and south east cash flow markets  ;)

Located on the border of low-income/section 8 multi-family properties and low-to-mid income SFRs, mostly owner occupied.

I used to live in both Santa Monica and Venice in the mid '80s.

You don't get to screen them, you are stuck with whatever old lease is in existence and you're stuck with the tenant until the end of the lease.Be sure to get a credit for the security deposit and partial months rent if you close mid-month.  

Overall rates haven been at least OK since the mid 90's, and of course very low the last several years.