My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

It’s been a strong performer ever since.

Blue Ridge is a strong market with plenty of potential.

The S8 portion will very likely arrive like clockwork on the 1st of the month.One strong motivation for the tenant to pay is they lose their voucher if they are evicted or leave owing you a balance.

Property values: There is a strong relationship between homeownership and property values.

Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.

Sharon, thanks for sharing these stats—Houston is clearly holding strong!

I work on projects across multiple states and have a strong network of contractors.Regarding when to involve a contractor, if it’s someone you haven’t worked with before, I’d suggest waiting until after the inspection.

Even a LOI is not strong enough to start spending time, effort and MONEY on due diligence.  

This helps keep strong applicants in the pipeline while still giving you a chance to meet them before making a final decision.