Investors should consider factors like market data, rental rates, infrastructure, crime rates, and school quality when assessing potential investments.

I know most PMs already have go-to contractors for most things but I also know from experience that good contractors tend to get busy or scale to a point where quality suffers.For the professional property managers of the world, how often do you get solicited by new vendors and what can a new one do to convince you to give them a chance?

Personally there are some really strong suburb areas that I would much rather invest into than Phila - lots of it is due to better landlord policy, higher demand for rentals, less competition for rentals, less headache than dealing with Phila, higher quality tenants and less risky.

Make sure the home has quality furniture and items that don’t fall apart in a few years.

A local resource particularly for CRE (commercial real estate) can make the difference in the transaction equating to a quality investment. - Expertise in local laws and rules: Investing in real estate is hyper localized not only for value and potential but in rules and regulations.

These upgrades not only improved the property's overall condition but also positioned it to attract quality tenants What was the outcome?

Having a reliable team of subcontractors that you trust to deliver high-quality work within your timeline is vital when you begin your building projects.If construction is a new area for you, I highly recommend finding a mentor in your region.

I would not due business again due to the nature of the financing terms and the home quality.

This could result in higher quality tenants sooner and keeping them longer, all which have more than quantifiable effects. 

I have a solid PM, who manages a property for us a little more south, who is not too worried about the property being in Olympia, and says that if he places quality tenants, there shouldn't be an issue.