Your local partner can help verify if the area really supports those rents long-term.Regarding school ratings, they’re important for single-family homes but may not be as critical for duplexes, which tend to attract a more diverse renter pool (young professionals, retirees, etc.).

Readers should seek professional advice.

Readers should seek professional advice.

Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.  

Professional property managers are skilled in market analysis and can help set rental rates that attract tenants while maximizing profitability.Tenant Retention: Good tenants are a property owner's greatest asset.

These are professionals with additional training and a stricter code of ethics.

Build a strong local team in each market, including real estate agents, property management professionals, contractors, and lenders.

If the cracks are big enough to create a tripping hazard or the floor is so uneven it could cause someone to fall, then I would want that fixed.If it's safe, then I want to ensure it is functional.

The mortgage broker or lender is generally going to use your middle mortgage credit FICO score which most people don't have access to unless they have already have had your credit run by a mortgage professional.

I would get a professional opinion from a qualified contractor , you may have storm damage already that could possibly be covered by your insurance