Here are some general guidelines to consider, however keep in mind that amenities and location are important factors in predicting success. Since we start marketing our homes one month before a current tenancy ends, frequently the home re-rents before the present tenant moves out. Additional advertising and the use of the Multiple Listing Service are recommended. While it is always difficult to predict a vacancy factor with more expensive homes, it is noteworthy that many do rent quickly. Generally, it is more challenging to rent a townhouse or condo than a house.
Condos have similar amenities and living environments as apartment complexes.
When there is an oversupply of apartments, as there is beginning to develop now, apartments offer move-in incentives that are difficult to compete with. Homes are more immune to this competition. If I place my home in property management, how much control do I have in making management decisions. A. As much or as little as you want. Take for example maintenance decisions.