What factors should I consider when setting rent per room?

You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.

As an new investor you should consider which factor is higher risk - proximity or market dynamics. 

But I've hit the annoyance factor most reach in their 50s when owning rental properties about 20 years sooner.I am at work coordinating inspections and post inspection, was the appraisal done and could you email it to me, this lender gave me a 3.25% rate while you locked me at 4.0% LOL all of this and I haven't even started receiving a dime of cash flow.Illiquidity is the best feature of passive real estate investing, the 2nd feature being diversification (among asset types, exit strategies, sub-strategies, geography, risk, sponsors, etc.) you cannot do this if you are actively managing rentals.When you are 65-75 years old planning your estate, do you want to leave your heirs (who probably don't know or don't want to know anything about real estate) a bunch of physical houses, tenants, property managers, mortgages, online logins, LLCs, etc.

Are there any key factors or metrics you look for when analyzing a neighborhood's potential?

I've been thinking about this for awhile but unsure how the exact mechanics work. Stability: Homeowners tend to stay in their homes longer than renters, which can create a more stable environment for families and chil...

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

Columbus also has great macroeconomics - lots of job growth, population growth, and major employers developing here.

When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.