Additionally, I've been spending a lot of time evaluating condo / HOA management solutions and accidentally stumbled on ManageCasa, which offers a free trial and < 3 unit free tier that has allowed me the time to get in, kick the tires, and really appreciate their attention to detail and broad feature set that adapts to each unique industry sector.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.

I think if I can achieve that I will rapidly learn, then be able to evaluate what steps might be best for the next stages.

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.

Since you are new to the market, you can look at what the top rent pulls look like and cater accordingly on the design.You always want to build relationships with contractors, but that takes time and you always need a solid bench, just like in basketball because some days your starting plumber just doesn't show up and you need to bring in the backup.The rates are the rates and they aren't going way down soon so it's just part of a different metric to evaluate in your new market.Good luck!

These numbers on their access to the MLS will give you the best evaluation to what you can sell it for once you are done.

However, you must have your team physically evaluate the property for you.Hope this helps.

A soils evaluator I know says that "perc tests are 90% people and 10% science" I've found this to be true.John

Excel is a necessary but highly inadequate tool to evaluate a property.

Use a spreadsheet instead, or find a different software.Thanks Tim.I'll probably go the spreadsheet route to start with, but as I look to scale my properties continue to evaluate other tech.I also reached out to RentRedi @ Tyson in this thread to share my experiences.