Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Usually, you're comparing your 401k portfolio returns (which are usually in a default target date fund) vs SPY. 

What price point would you be targeting on the purchase? 

Alibaba may look cheaper but ONLY if it's new build not retrofit.Cabinet pulls at Target designed by Frank Gehry, no wait those are out of stock and we needed 32 not 4. 

But, others could be, again, making sure he has the capital available and if not, set savings targets to get there.  

MTRs have a very different clientele who are the target avatar, so going back to the OP's post. 

@Alexander Celestina are you targeting small multi-family or SFH? 

Came across the area from a co worker as an out of state investor and realized that certain areas are able to hit the 1% rental target easily.

Throw in a dose of imposter syndrome and fatalism and you have a recipe for some mood swings right before a property is booked again.From a practical point, I would recommend great photos, a clearly defined target to whom you are advertising and understanding the best pricing of an area really well to ake sure you get booked in a timely fashion.From a more meta perspective, be aware that these listings don't typically get booked well in advance (families displaced by flood or fire, traveling nurses who need a new contract ASAP, and construction projects that realize they need a speciality engineer on-site RIGHT NOW don't book ahead). 

I'm particularly passionate about MTRs.Outside of real estate, I enjoy church, hiking and target shooting.Excited to learn and connect with you all!