Come to think of it, though, I can't imagine why they wouldn't let me perform one just to understand how much I can offer.  

For any value add project, the primary evaluation is based on the numbers.Provided you have trustworthy teammates for the renovation side and a competent agent on the valuation side, you'll perform no matter the location.It seems your weighing factors that relate more towards long-term investing and where your asset will appreciate the most.In respect to emerging markets, you'll want to use characteristics like population growth, employment growth, safety trends and path of progress.

These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?

Visual inspection is an inspector going into a unit and performing a walk-through inspection visually inspecting the condition of the paint.

This might balance immediate compensation with performance-based incentives.

If your current photos are performing well, you don’t need to change them often—just refresh when there’s something new to show!

The people who struggle here usually underestimate those factors.One thing I do differently than most: I share actual performance data from my rentals—purchase prices, rehab details, rent numbers, lessons learned, and backstories.

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

We sometimes get buyers who have highly unrealistic expectations on performance, ease of self-managing and other aspects of owning the home.