It's not a mind-boggling salary, but it's enough, and the economical decision would be to move into a LCOL area and thrive.

@Wendy Man  I went with MN Property Nerds, but it was the worst decision of my real estate career so far.

Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.

How do you evaluate potential investments, and what role does financing play in your decision-making process?

-Lastly, ask for the investment or seek confirmation of their current or future investment, bringing the conversation to a decisive point.You should be well versed with the details of the deal before talking to investors:● Understand the average median income in the area.● Be aware of the average rents in the market.● Familiarize yourself with comparable properties (comps).● Understand what needs to be done in terms of improvements or renovations.● Be knowledgeable about the internal rate of return (IRR) for the investment.● Determine the anticipated holding term for the property.● Know the initial capitalization rate (going-in cap).● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.

I immediately emailed the landlord and property manager that I agree with their decision (i haven’t stepped my foot on this property, don’t even have a key.)

It could also be an opportunity to negotiate a better purchase price, considering the additional investment you might need to make.Hope this helps, and good luck with your decision!

A professional may often do a better job when it comes to hard decisions as it's just business to them.A DIY landlord though, may babysit their tenants a search high & low for the cheapest contractor and then pay them cash to get an even better price.- A PMC is not going to go to the extremes owners do as a PMC can only afford to spend X amount of time on problems for owners - or go out of business.

What information should I provide so a possible investor can make a quick decision on whether it would fit in their guardrails?

My point is that it comes down to a personal decision that is based on your own situation.