Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

Make sure you're familiar with all the terms, and maybe have a trusted attorney give it a once-over to ensure everything lines up with Oregon's latest landlord-tenant laws.

Ensure that you issue the necessary notices and keep thorough records of everything!

Further, you'll need to ensure you get the proper insurance, and that has been more and more difficult in recent years.

I want to ensure I’m offering fair pricing for owners while building a sustainable business.

BP is so large now, unfortunately, there are a lot of "professionals" advertising their services here but don't know the REI industry.So, to protect yourself in the future, I'd ensure at least a few other REIs have worked with the professional you choose to hire and have received enough value from them to refer their services.You can always ask the professional for references as well and they should have no problem providing a few if they are good at what they do.Just my 2 cents.

Determine how much money would be needed to handle each risk, and determine if you have sufficient liquidity / cash flow to ensure you can “stay in the game”.This is of course in addition to all normal “due diligence”, financial forecasting, etc. 

It was a strategic choice to ensure the property was ready to capitalize on the anticipated growth in the area near the planned casino development.

However, you’d want to carefully evaluate market conditions to ensure you don’t lose too much on the sale.Pros:Avoid further investment and risk.Free up capital for other opportunities.Cons:Selling costs and potential difficulty finding a buyer.You may miss out on potential appreciation.Recommendations:STR Route: If you believe there’s potential to improve revenue and occupancy by refining your property’s appeal, going the STR route could work.

We ensured every home had a wide collection of quality cookware, spices, coffee, etc.