Mistake #1 is to expect occupancy to go only up. Then novice repositioners make Mistake #2: They get nervous and lower both the rent and the tenant profile they’ll accept. They take applications from the same type of tenants they were trying to eradicate.
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Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(b-ok.org).pdf, p87
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