Look for a team with a strong track record in managing rentals like yours, especially in your target area.

What financial targets do you have?  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

To add more weight to your case, dig deeper into local records.

Are you familiar with how MTR works and the upkeep and furnishings needed and who the target renter is?

Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

Sell the home to whoever your target tenant will be - modern, sleek, urban, renovated, bright/spacious; then sell the location - not whether they have a bank account or need a 7/11 - just that it is located to 'dining, entertainment, shopping, more.' 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Personally, I like to target 30% equity retention in each deal.- Section 8 income isn't guaranteed.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)