Also, make sure the comps are near the asset, with no major freeways or train tracks in between.In my opinion underwriting needs to be based on the current market with future projections based on historical data.

We had someone get a ticket and pulled the carts for the rentals, probably cost us between 5-10% of total revenue but it was more important for us to keep our carts than not have them for an extended period.$2 mm house or not you will have headaches with carts regardless and in our experience it's just not worth the hassle.my recommendation is work a deal with a local place you can refer them to and get a small referral fee from.

To gain that experience, I could go to a 3-day training session for $3000.

It takes a little training.

They called me to see if there was anything I could do about all the parking tickets they were getting for parking in the short term parking spots. 

These are professionals with additional training and a stricter code of ethics.

As stated, this is not my lane in the industry.That's an example of why some people get trained.

Here are my bullet points on my train of thought:1.

Also, it may save you a lot of money/headache if you buy a plane ticket and rent a car to see it for yourself.

The reason I mentioned it in this post is because it is actually something a newbie could be doing with the right training/mentoring.