While nearby multi-family duplexes might slightly impact the appeal for certain buyers, they shouldn’t necessarily lower the resale value if the house is well-renovated and priced competitively.

And, I can't see what other nearby houses really sold for.  

Market Research- Reviewing Competitors: We look at nearby listings to ensure our prices and offerings are competitive.- Keeping Up with Trends: We check local market trends to take advantage of busy times.6.

Do you have any suggestions for good areas nearby that are suitable for BRRRR? 

This can be done for a specific property by researching competitors and using some software to identify rental rates of nearby properties.

With nearby Argonne and Fermi National Laboratories, Chicago is set to become a global leader in quantum research.

I am eyeing an abandoned/vacant property nearby.

Appraisals can certainly be a mess, especially on properties without similar properties nearby.

I looked over at the glass door nearby that led to a small balcony thinking that maybe I should stand there.

It has been great appreciation, but dont think the rental prices are as great as you could get nearby.