[quote=bubble_contagion]I rent at UTC and the market is soft. Back in October the retired couple living below my unit moved to a 1-bedroom to reduce expenses. It took until last week to rent the unit again. Two UCSD students and a cat finally moved in. I pretty sure they got a deal and, like most students, will move in 6 to 12 months. Either to student housing, with new room mates or to another apartment that offers a better “move in special”. Are you prepared to have the condo empty for 4-5 months or to look for new tenants every 6 months?[/quote]
Good point. I thought about that. I’d probably try not to rent to college students, but to a little older,more responsible people, that would stay longer. Of course that still doesn’t completely eliminate the risks of leaving early or trashing the place, but a UCSD staff or postdoc or other fulltime employees would be preferable. Which complex are you in?