Metrics and local zoning rules and regulation awareness is the key.  

And I totally agree, providing the best value is key and I know that's what would eventually "win" the deal for me at the end of the day.

I think getting really good at one thing, establishing a network within that niche, and being able to analyze deals quickly is the key making things work.

The key lesson is that if you rent to Section 8 tenants, their negative behaviors may result in non-Section 8 tenants to leave.Rent increases are more likely tied to the minimum wage.

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

Be sure to include instructions for turning in keys, notifying you that she's out, etc.

We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).

This is a BUSINESS with a real estate component, NOT a real estate INVESTMENT.  

The key?

Networking is key in this business, so don’t hesitate to reach out and collaborate.