Have you reached out to local businesses, schools, hospitals, etc.?

There are lots and lots of desktop investors who surf the internet but are not fully committed to buying or learning the process.

This property is in a great area for me in North Arlington (great schools, stones throw away from a huge community park, and close to I30), and the plan is to live in it for a year or so before renting it out (I’m sure I’ll be picking your brains when the time comes!). 

Decent area, but not one of the better school districts or better parts of town.   

Just sell it and call that tuition to the school of life. 

I am taking in school districts and overall convenience into consideration but don't know what else.

******************************Ok, here are my typical approaches to a complex assignment.1) determine the most important value characteristics within my subject market (location, school district, # of units, size, lot size, bedroom/bath count, remodeled, new build, specific style, other amenities, etc.)2) research available comparable sales (with those important characteristics found above) within the designated market area3) in the absence of recent good comparable sales, I will expand my search back in time, even 5 years (or more) if need be.

I can't house hack, I'm a family of 5 with kids in school. thank you!! 

Later to a school.

I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - drop your rates and high occupancy or high rates low occupancy.We have 29.9% occupancy and an ADR of $633 per night.