One short answer is the University of Michigan. Low vacancy rates, relatively high lease rates and ongoing demand, all contribute to the attractiveness of owning residential income property in Ann Arbor. With the seasonal flow of thousands of students and an equally impressive number of faculty and university employees, the demand for housing is unmistakable. Also, it should not be overlooked that Ann Arbor is ranked 3rd in the country as a tech hub , attracting tech entrepreneurs and industry giants alike. Ann Arbor’s multi-family income property owners can expect their properties to be consistently occupied if buildings are well…