I never give the system or the prepped documents. 

You wanna be the 2% so BE the 2%.

Basically, the further you get away from the city the more potential for cashflow, but you're also dealing with a different tenant base that may be tougher to manage.

It’s essentially the wealth you’ve built through homeownership.

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.

Welcome to the community, Evan!

I would consider the tenant's past, as well as the condition of the unit, my local market, and other factors.

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).  

Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?

I had just mastered the original deal analysis and was getting comfortable analyzing deals.