[quote=recordsclerk]Regarding my partner’s 3bd/2bt unit in 92120, he has had a lot of turnover recently. 3 tennants in the last 3 years. He is currently listing the unit. It usually takes about a couple of days to weeks to get a qualified tennant. It depends also if it needs work. I would say anyone that can put a 100% into getting the unit cleaned up and listed should have no problem getting a tennant within a couple of weeks. He also has a single family 3bd/2ba home in Serra Mesa 92123 that rents for 1650 has the same tennants for last 4-5 years. My aunts condo has had better luck. Same tennants for the last 2 years and prior to that the tennant stayed for 3 years. The last tennants moved in the next week after vacancy. My single family 4bd/2ba in city heights has the same tennants since I purchased it in 2004.
My parents have a home in Cerritos that has had the same tennants since 1985.[/quote]
Thank your for your knowledgable post, recordsclerk. I maintain that tenants tend to stay far longer in a reasonably-priced SFR, especially one which they can do some work for a discount (such as mowing/trimming) than they do in a condo/apt. A rental SFR caters to a different type of tenant, often one that has family ties in the immediate area.