Then you can determine if you made a profit, loss or broke even.Determining your sales price can only be determined by the market. 

So what you'll want to pay attention to is the total upfront costs and how that impacts your interest rate - I'd encourage you if your lender hasn't already to do a break-even calculation to determine based on your hold and strategy how much costs yield you a positive ROI. 

@Bobby Paquette really depends on the Class of the property, which is determined by tenant pool, location and condition.Class A: easy to manage remotelyClass B: more challengingClass C/D: should only be attempted by expertsIf you follow the STR lock strategy, you can install smartlocks and then program codes for each tenant's lease.

If this agent has been the procuring cause of sale, you are about to submit an offer and you feel confident with this agents representation let that determine if you want the ability to "shop around." 

Consult a real estate attorney and CPA to finalize the LLC structure and ensure the transaction, tax filings, and ownership terms comply with state laws and IRS regulations.

The goals will determine the strategy (what you do) and the tactics (how you do it).

I work an asset company to help me determine my risk tolerance. 

The right lender will help you determine eligibility, guide you through underwriting, and ensure you're maximizing SBA benefits.Are you currently considering SBA for a deal?

To determine your rental rate, you need to compare your apartments to others in the area.

Weighing the long-term appreciation potential of California against the stronger cash flow of other states will help determine the best strategy for you.Good luck!