There are a lot of factors here, but feel free to let me know what goals you have and what areas you are looking into and see if I have any localized advice.

Research local rent trends, the tenant profile, and how seasonal factors (e.g., university students, tourism, etc.) may impact demand.7.

When I reconnected... "40 out of state rentals in Cleveland to replace your W2" @Michael P. is hilarious. 

This means investors are not only benefiting from rental income but also from long-term value growth as these areas develop further.With all these factors in mind, Indianapolis is quickly becoming a prime market for short-term rental investors.

You have to also factor in your vacancies and turn around costs to re-rent.  

Hi there,I was wondering if anyone has experience with using Baselane for banking for their rental properties and thoughts on it.I will be closing on my first rental property in about a week and would like any helpful input on apps such as TenantCloud, rented, turbotenant, etc.Located in NE Ohio if that is a factor.

I'm comfortable with putting together estimates for the rehab, at least for the up-front financial analysis prior to getting real bids from contractors.What I'm less equipped to do is project the lease up story based on supply, demand, and other factors relevant to the area.

Of course this depends on a multiple factors but if you are in the right market you can totally be profitable. 

Closing costs, commissions, property taxes, utilities, interest, and many more costs are always a factor.

The hassle factor of a A-B class tenant vs C-D is drastically different.