Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

I was broke enough that I couldn't afford rent at my apartment, but fortunately my landlord didn't notice, thanks in part or in whole due to some substance abuse issues.Anyways, when visiting my mom in the neighborhood where I grew up, I had noticed this construction van at a house on our street.

@Urvesh Patel recommend you focus on Neighborhoods, NOT zip codes.Zip codes are too big and in urban areas, often include Class B, C & D Neighborhoods.For MTR you'll want to focus on Class B, no lower than C+.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I'm building in a brand-new subdivision.

I'm also building a house with Delta.

Quote from @Chase Calhoun: Just wrapped up a build-to-rent project on Wilson Road, and I’m excited to share how it turned out!

I’ve been starting my research by seeing what is being bought and what is on the market, and live nearby so would like to check out neighborhoods, but am wondering which neighborhoods I should invest in?

After building a portfolio of fully renovated homes I wanted to give this model a chance.

As I take in as much content as possible from listening to the Rookie Real Estate podcast, I feel drawn to building multi-families and renting them out.