Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

  $6.25k feels manageable, so I compared the rent vs purchase numbers.  

You have a good rate compared to current rates.

I would compare my return with any market, anywhere but 1) this is a different San Diego market than the one I have been so successful in 2) while I am a big fan of leverage, I am not a fan of over leverage.

What is the expected return on investment, and how does it compare to syndication in terms of advantages and disadvantages? 

Comparable property sales do not affect the depreciation basis, which is determined by actual purchase and improvement costs.

Have you taken the time to sit down and reflect on last year and how you did compared to the goals you set for yourself in 2024?

Property Valuation:Investors look at a variety of factors to determine a property’s value, including comparable sales (comps), rental income potential, and location.

If dropping your rate $100 below others at comparable offerings in your target market kills your cashflow, you may be in too tight of a deal anyhow.

The US Tax systems, when compared to the EU, seems to be setup for capitalists. 1031 exchanges, write-offs, etc.