Timely payments are one of the largest factors in a credit score and if he hasn't had late payments since then, his score would continuously improve.

The most major factor in most markets is affordability.

is there a particular formula that takes all manner of factors, (employment growth, corporation development news, barrier to entry, rental rates, wage growth, etc) into account and spits out an "invest in city X" answer?

The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy) under a pre-existing non-conforming use.

This may not seem like a big deal, but it is something that you will need to nail down and factor into your analysis.

I do agree with the sentiments from others regarding the experience factor.

We use these factors in this order of importance (feel free to create your own):1) Tenant pool credit score2) Location => Neighborhood3) Property condition & amenitiesClasses are not defined for the SFR industry and are relative to the area.

MAYBE they adjust that up or down 10% depending on outside factors but they’re not checking the assessed value. 

(Please note: if you are changing windows, siding, porch posts, porch structure, and any other major exterior changes ...get ready to paid more money $100.00 and meet the UDC -Urban Design Commission in which they meet twice a month to review your exterior changes for an approval, non-approval or defer which means more waiting before you get to the finish line which is your building permit for your rehab6.

Hi there,I was wondering if anyone has experience with using Baselane for banking for their rental properties and thoughts on it.I will be closing on my first rental property in about a week and would like any helpful input on apps such as TenantCloud, rented, turbotenant, etc.Located in NE Ohio if that is a factor.