What caused you to buy this specific property?

Hey @Anthony Sigala many folks might be optimistic about this rule but the "rule" was created during a very specific and particular time in real estate as a way to help newer investors have a framework on how to approach rental properties without going in blind.

@Cody Ford Without having specific expenses and the 4th rent amount I can’t say for sure if I would pull the trigger on this property.

And my #1 issue is I don't see any actions to address this in a meaningful, market specific manner. 

You should see more deals and price reductions as we roll over into 2025 as well.If you need any help or have specific questions feel free to reach out or send me an email. 

I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.

They not only specialize in self-directed IRAs and solo 401(k)s but also have an entire team specifically dedicated to supporting BiggerPockets members like you.

In general, what sources and heuristics do you use to determine if an area can support new construction in general, and in specific in GNO?

I also know nothing about Apartments.com scoring specifically, but I'd probably group the report in with other similar application services like Zillow

There's a specific forum for House Hacking.You'll want to spend some time reading through there as it's a common topic.