Key takeaways from the Southeast Build-To-Rent Summit today held by Bisnow1) Peter Michaels - BTR Rental Premiums Compared to Garden-Style Multifamily:- Townhome BTR: 10% rental premium- Single-Family Attached: 15% rental premium- Single-Family Detached: 30% rental premium 2) Kimberly Byrum - Average age for first time homebuyers today is 35.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.

Prices in these areas increased by 9.8% to an average of 325,000.

If you have any further concerns about mold/fungus an industrial hygienist should be consulted.Grading and drainage is either negative (slopes towards the foundation) or neutral adjacent to the left of the building, and moisture intrusion will remain a possibility.

I want to see what the average days on market really is.3.

I am a new investor and eager to connect and learn the industry.   

@Donald Aleshire - conventional lenders do not require W2 income, they require a 45% DTI based on the income you reported on your tax return (last two years average)

Average stay less than 7 days.

If you get one, I would say find one who knows the industry because I am sure you will have to pay them their fee, but that fee is always negotiable in the purchase as well. 

BP is a great way to meet and learn from people in the same industry!