Me personally, I like charging less, receiving more inquiries, having more demand which allows better screening.I ask a lot of questions before I even consider them coming to see the house.

I would look toward what the lower side of the market is demanding for those type units to be conservative.

You could have the coolest neatest product but if it’s in a bad location it will greatly affect the value in the demand.

That's your workaround.I would find it hard to believe that a bank would refuse to provide a payoff demand as its a federal requirement to provide said demand within 7 days of the request.

These areas tend to have better tenants and see a higher demand from renters and buyers. 

Recent market volatility will undoubtedly impact real estate though not all asset classes and strategies will be impacted equally.The Coronavirus is creating a demand shock and with approx 70% of the US economy being based on consumerism this will cause a significant drop in earnings.

The Charleston inventory is very scarce given demand, for some time we have had a strong sellers market.  

What would you do in this situation:Business: ManufacturingCommercial building valued at 2mil550k left on mortgage800k Line of credit (650k balance)Bank is demanding line of credit balance to be lower than 50%Business isn't great, we were unable to show any real profits to satisfy the bank. 

With the recent cuts in interest rates by the Fed, mortgage rates are hitting all time lows, and the demand for refinancing options have also increased. 

It seems there is demand for some out of the way places.