I believe you would need to think first about parking - can it accommodate 6 cars with a combination or driveway and street parking?

A few streets that we own on: Edgewood Dr, Almond Tree Place, Heritage Place, Blue Pool Dr, Woodard St...I like to buy single family homes that can rent for 800 to 1200+.I also like multifamily properties that can rent for 700+ per unitI use Mercer Hughes and Valdosta Properties for management. 

Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.

We have this great plot of land which borders main street and another street on which we’re rehabbing a couple of homes.

I can't do luxury for these properties, they are on pretty urban streets...

These guys thought they were the Wolf of Wall Street on the phone.

@Robert Mendenhall When I was selling my home the duplex across the street went on the market.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $160,000

Cash invested: $46,000

Sale price: $160,000

New property acquired in Arkansas with cash flow.

...

The address was 162 Montecito Ave. just up the street from Fairyland.

2) How would I start to advertise, find comparable rents (I found one just up the street renting for $3500/mo)?