I've noticed that the discounts tend to be pretty decent when compared to the actual cost of renovation (not flipping status, just better in general).3.

Look at other comparable rentals on Zillow and see how your unit stacks up. 

This allowed me to save over $1,200 per month on my payment and also increased my principal paydown by over $400 per payment compared to financing a new "high interest" loan! 

Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

Short-term rentals (STRs) in San Antonio offer both advantages and challenges, especially in light of recent regulations.Pros:Increased Income Potential: STRs often generate higher rental income compared to long-term leases, as they charge daily or weekly rates.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

The property prices are lower compared to other markets, and the rental demand in certain neighborhoods can be pretty strong.Of course, it's always good to dive into specifics about the areas you're considering within Mepmhis.

It can be a looooong process here compared to states like AZ, with your deposit being held for more than 6 months, so you have to understand the process.

It's relatively easy to look at comparable properties on airbnb with the same bed/bath, general condition, and location and click around their calendar to get a sense of what they're making in bookings each month.