•To cash flow, consider:✅ Running a detailed STR revenue projection (AirDNA & Rabbu are great tools for this).✅ Factoring in seasonality—peak months can be lucrative, but slow seasons must be accounted for.✅ Looking at property management options—self-management can save costs but requires effort.4.

@Jai Windish I don't know the neighborhoods of Peoria, but what about something like this: https://www.realtor.com/realestateandhomes-detail/1025-N-Uni...?

My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice! 

I would anticipate it would depend on the level of detail you desired but it has been my experience that the will do free estimates.

Could you kindly get back to us with the details?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Feel free to DM me and I can give you details on properties I have that are going to hit the market. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

In digging into the details through public record searches I find out that he has had 3 evictions, several drug convictions, and a violent crime.

Hey guys thank you so much for your responses I truly appreciate the time you took to respond with such great detail.