-We have had our condo in Oceanside for almost 2 years now and the value according to Redfin and some comps in the neighborhood have increased the value of the condo by at least $80,000 ( rough assessment ). 

At first glance it seems like decent neighborhood but any insights and experience would be super helpful?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Also, I would recommend using an agent to provide you with handpicked comps that are similar to this property in this neighborhood to justify the value.

With its rapid growth and diverse opportunities, I know that Nashville has become a hotspot for real estate investment, but everyone has their own unique criteria and strategies.Market Trends: Are you looking at the overall market growth, specific neighborhoods, or upcoming developments?

Othman - Philly suburbs are different than the city of Philadelpia and within the city there many, many neighborhoods.

The report makes a big deal about the neighborhood and local economy in addition to the property itself.

**Local Community Development Programs**: Cleveland might have community development block grants or local initiatives aimed at improving rental properties in specific neighborhoods, particularly if you’re providing affordable housing.7.

It is in a good neighborhood and on a slab so little structural issues to worry about.

I would literally go out, pick a neighborhood, and walk door 2 door knocking.