If I understand correctly, this is state by state and isnt always allowed.

missing some info but if the Zillow value is correct there is also some opportunity for some  cash out too though

Many of the best longer term markets are in a correction now (TX/FL).There is no particular formula, but the closest proxy would be population growth and 10Yr historical price increase which aggregates many factors together.

3) When it comes to communication with tenants, especially around lease renewals, I’ve noticed some gaps in the tools I’m familiar with.

No right or wrong answer IF you buy correctly.

Most investors opt for the skeleton versions that truly miss the mark and lead to convoluted amended and restated agreements that cost far more to correct than simply paying for the agreements to be drafted by a professional at the start. 

Communication - now, if the guest is ready to book but has a question or two about the home, swift, friendly and informative communication is essential.

You are correct, I worded this to generate responses because I wanted to know people’s views.

I tried correcting the mispellings in the title but it created a whole new post!

These guys can be larger and clunky when it comes to appraisal turn times as well as overall communication.