We do not raise it to market rents, we keep it at lease 10% below to try and reduce turnover.

If they tenant is $300 below market, that's costing you $3,600 a year.

Or do you want to generate off market deals.

I would never let a client purchase in certain areas of my local market....

Purchase price: $77,000 Sale price: $85,000 Contributors: Peter Vekselman Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000.

@Lucas DeAndrade how much knowledge do you think you've accumulated about the Akron market?

My first duplex was a turnkey, off market property.

We manage several hundred rental properties throughout the San Diego market and I found your post very interesting. 

I have been investing in the stock market for 5 years and I am now transitioning over to real estate after doing my research on real estate for the past two years. 

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.