In addition, a strong property management company will tackle all aspects of marketing, application, ensuring resident satisfaction, fair housing, handling late payment/evictions, renewals, etc. 

Same with FHA. 2/3 house purchase I've made my offer was lower but had conventional financing and was accepted.

My wife and I got a duplex downtown and are house hacking one unit. 

New entrants into the housing market may face higher property tax rates compared to existing homeowners, which could affect the fluidity and accessibility of the real estate market.

Attend open houses to understand market trends.

But to answer your question, House canary is good for rent rates, zillow is a good tool for property data and for seeing what is for rent for how much, sales comps etc. 

You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.

That journey started in 2016 when I bought a duplex to house hack.

Since purchasing the home, housing market in my area has declined about 20%.

@Shiloh Lundahl I will do value add specifically with ADU development, so I am tracking permits to find other ADU developments and overall inventory growth to find a competitive edge with supplying demand in areas lacking larger residential developers aka "the middle housing"@Arlem Garcia Interesting, Tariffs will play a big role in supply chains, so it will be interesting to see how governments come to resolutions@Henry Clark Absolutely, imo gone are the days of investing for cashflow or appreciation, now it's about aligning long-term strategies with lifestyle