To a landlord of residential properties holding a house is simply holding inventory and inventory should be able to be moved and replaced to grow any business.An airport can change flight paths, bus routes can be changed, traffic patterns can change that increase traffic or make access more difficult, nearby zoning changes effect surrounding properties, there is an endless list of obsolescence factors that effect a residential property that can not be controlled.

Hi CarolinaI am from a smaller town, and I am just looking to increase my volume of potential deals by including some other nearby areas.

Oakland County has 28 "units" under it so try a few outside (but nearby) Ferndale.

If I do comps for any property, I can see which nearby properties were sold as rehabs.

Most likely, the home will get hit with external obsolescence due to the nearby mobiles as that is not a desirable situation.

We recently joined are nearby REIA to begin networking and learning lots and lots of information!

I have lots of relatives there as my Great grandfather went to South Pass for the gold rush and ended up homesteading a ranch nearby on the Sweetwater.

At the very least, you can search Zillow and look at "Nearby Similar Sales."

Typically, I give a gift card to a restaurant or near by store.

Look at schools, housing stats for that town, upcoming competition, vacancy rates of existing competition, nearby jobs, retail, schools, ect.