It won't be perfect and expect the renter will still be short and unable to pay the full rent, but a good tenant might be able to pay it or catch up.End of day you will probably lose some income, but gives the renter a chance to catch up and you time to find someone else to fill the space if need be.

I'm still new so please bare with me.

I am about to start my first direct mail marketing campaign and was wondering how many leads I should start with to have a pretty good chance of closing at least one deal.?

And it can be great if it's for the right price. btw, the second property I bought that was vacant for 3 yrs. has had barely any issues.

So I spent money and it was barely worth itThe appraisals here seem to come at fair market value when you want to buy/sell, but if you want to refinance at the same bank, they come low because its common knowledge to appraisal companies that Banks do not like to refinance in order to keep their risk low.Bought another property at 80% LTV, same thing.

If you don't want to hold a property for a long horizon, a SFR has a better chance of appreciating in a few years than a multi-family does.

Ease into it, build the relationship and you will have a better chance.

Will it hurt my chances of renting my space?

Sign in the yard, craigslist, letting other good tenants know we have a vacancy (chance for a referral fee) and local paper in small towns.

1 bedroom unit $600 (his lease is up in 6 months, I'll increase it to $700 because he's been here for 22 years) Chances are this tenant knows his rent is below market and, after 22 years he's not going anywhere unless you push.