Focus on building a strong team, using BP tools to analyze markets, and researching local laws.

Think of it as the rough sketch that helps you figure out where you want to swim: Omaha’s stable single-family rentals with decent cash flow and strong appreciation potential, the sizzling up-and-coming pockets around San Antonio where off-market deals still lurk if you’re willing to roll up your sleeves, or those tight-knit Chicago neighborhoods where a trusted investor-friendly agent can point you to contractors who won’t ghost you mid-reno.

I strongly recommend you suck up that $180 yourself and fix the underlying problem.

Currently, based on Altos Research, inventory is up 10% YOY and this has put pressure on median list prices which are down 5% YOY.

Look for a mid-sized PM company with a strong local presence.

Some tenants even sort based on sub-structure so just making sure all of the details are as precise as possible. 

@Jacques CaspiTo succeed in real estate investing, I’ve found it’s crucial to budget for unexpected expenses, focus on thorough tenant screening, and build strong relationships with contractors.

Another thing to consider is are you basing the 3x rent on her initial application? 

I do think you need a separate entrance option or at least two entrances in a four-plex to make it easier on the LTR tenants, but if you are open about it form the start, everyone gets it and you choose the unit composition based on which ones will be STR or MTR.

That is what the valuation is based on.