Then, you'd use the data on Airman or similar services to determine whether the metrics fit with your personal investment/return objectives.

If you plan to build a rental portfolio, holding onto this property might be a good start.To help you decide, here are some steps:- Use the DSCRANALYZER to determine what the cash flow numbers look like.- Research the local market to understand rental demand and pricing.- Consider consulting with a real estate agent or property manager to get a better sense of the rental potential.If you're not in immediate need of the cash, renting could be a good option, especially if the numbers work out.

Research housing market trends and property values to determine if buying is a better option.

Bank statements should be helpful for determining that each unit is actually paying each month, and to know the total income as well as expenses.

To determine the best option, we should run the numbers for both scenarios and see which is more profitable.

The IRS uses material participation tests to determine if you are actively involved in an activity.

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

Quote from @Sylvia Castellanos: Seller pays for title insurance to guarantee the buyer's protection from any title problems.The contract determines who pays closing costs.

Insurance premium determinations  are more localized where the carriers price perceived risks into their desire to have market exposure (if at all) and how to price that exposure.