To answer the 3 year concern it helps establish trends for the business, and tell me how well things are going, better, the same or worse over time.

Also appreciate the monitoring advice concerning security deposits.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

Plus developing ground up is the extreme of REI.  

We have the same concerns and I am hoping we can get more responses from the veterans here.

It can be an extremely powerful tool to start to scale. 

If you’re focusing on specific property types (single-family, multifamily, or fix and flips), I’d be happy to help analyze the financials of the deals, without any concern about me sniping any good ones you find for myself, haha.Let me know how I can assist!

How did the agent’s concerns affect your listing and presentation of the house?

The one think I would add to the conversation is you say you will not be selling within the next 5 years so the PPP is not a much of a concern.

There aren’t even sidewalks yet.. so while I think appreciation is certainly possible, I’d be concerned the growth would take very long and rent value would take longer.