What you don’t know or check, can come back and bite you in your estimating & repair.  

These smaller deals are much easier to estimate numbers and look at as there are not as many moving parts.  

In a long-term context, May vacancy rate is 0.5 percentage points lower than the 4.8% average recorded since the beginning of Q2 2014.Market OutlookREIS's new construction analysts report that 6.9 million square feet of new multi-tenant warehouse/distribution inventory will be introduced to the metro by the end of the year, and net total absorption will be positive 9.1 million square feet.

My realtor/PM says $0.95 to $1.05 per sq. ft. is a reasonable monthly rent for a 4 BR/2 BA property in that area, which (according to the BiggerPockets calculator estimate I did) is enough to cover the monthly payment plus the above costs I mentioned.I anticipate putting down my deposit and earnest money in the next few days. 

The estimate I got for the renovation of the space was $110,000.

Price point is around half of Nashville's but it's going to continue to grow from all my estimations. 

I'm the youngest in the group (by 20+ years) and my inexperience in real estate transactions is combated by my ambition and ability to work with numbers (this is where my job as a credit analyst comes into play).

He is that area and knows it very well.He can advise you on where, estimates and pricing.

Looking for suggestions and recommendation. thank you  Hey Bhargav, What is the AIRDNA Estimate?

Purchase price is $60K and estimated ARV is potentially 200-300K.