Anything smaller than that would require a more hands-on approach.To succeed in this field, it is crucial to adopt a data-driven approach, maintain perseverance, and establish strong relationships with developers.

What you need is data on what rates/costs/terms you can get on DSCR and then base your decision on real figures.  

This is a smart bunch so any sources or even logical approaches as to how one might find these numbers via research would be greatly appreciated :)I've done two separate top-down analysis based on census data, IRS data, and surveys, but those differ quite bit. 

Of course as a realtor you can look at the real data.

Some are data driven and profit driven, others are emotionally driven and have grand visions of great appreciation through long-term holds.

4 Month Update for Winston-Salem NC: Previous post in Market Data Thread -https://www.biggerpockets.com/...

Advani emphasizes the importance of market research, including analyzing historical data and predicting future trends, as a foundation for any investment decision.The Role of Property ManagementEffective property management is key to maintaining and increasing the value of real estate investments.

@Andrew Balla I was just looking at some data this morning and 3 zip codes I've got my eye on are 28206 (+11.6% YoY), 28208 (+9.1% YoY), and 28215 (+6.9% YoY - particularly Shannon Woods and Windsor Park neighborhoods which border the 28205 zip code).

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

I moved here a decade ago and have been in the real estate market since so I can share data that can help you make a safe and informed investment decision.