All of these are things you want to look at when evaluating rental potential.

But, it is meant as a cautionary tale to keep in mind when evaluating your situation.

It cost us around $3k per fund (we had all five funds evaluated) Cheap money and easy way for sponsors to put their proverbial money where their mouth is.  

We identified 6-8 key metrics that we are evaluating (Population Growth, Landlord-Tenant Friendly, Cost of Living Index, Regional Price Parity, Average Rent, job Growth, Rental Vacancy Rate).

Quick question: When you evaluate a property, what has been the fastest and most accurate method for you, especially for those who invest in multifamily or industrial properties?

It's crucial to conduct thorough market research, analyze potential properties, and evaluate their financial performance, including cash flow, cap rates, and projected returns.I recommend working with a local realtor familiar with the South Florida market to help you navigate the area, identify suitable properties, and provide guidance based on your investment objectives.If you have any further questions or need additional assistance, please feel free to ask.

I usually spend my entire weekends learning about it from bigger pockets, learning to underwrite and evaluate, learning financing etc.

I am also part of a full scale co-living management team that assists with property evaluations, Co-living training, acquisitions, setup construction, tenant interactions, and property management. 

@Lucia Rushton I’m interested in this as well and currently evaluating them.

I was thinking that I would want to build a team in a market before I buy anything, so I wanted to evaluate 2-3 property managers ahead of time, to find the best fit.I have not thought of the tire-kicker perception it might create, so I will have to consider ways to mitigate that.Thanks for the tip!