I don't know if that's what you "should" be underwriting at, but if you are looking to aquire something, if its mostly vacant, and needs a ton of capex yeah that might be a fair evaluation. 

Here are some considerations and steps you can take to evaluate whether the brand new duplexes in Hickory could be a good investment:To invest in duplexes in Hickory, conduct thorough market research to understand local real estate dynamics, rental demand, vacancy rates, and projected growth.

I’ve been evaluating a few different recommended markets for STRs (Florida panhandle, Smoky Mountains etc) and I’ve found that from a numbers perspective, Tulum has the most potential for returns, here’s why:1.

Just finished the book how to invest in real estate: ultimate beginners guide.Also, could I ask help from you great realtors here on evaluating my first investment and do you think it would be a good first step?

I bout a property 1.5 years ago and inherited these tenants.

Take your time to research and evaluate your options carefully, and don't hesitate to seek guidance from experienced investors and professionals along the way. 

We're thus able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis.

I'm evaluating both options over a 10 year time period. 

Take the time to carefully evaluate your options, seek advice from financial professionals or experienced investors, and make an informed decision that aligns with your financial objectives.

Practice on evaluating properties, making offers and comping properties.