If you do not have these two steps than you will never get the unit filled.The ProblemBelow I included a chart and the raw data to help you understand our concern.

Third, I'd like to know what data I need to collect in order to write this off on taxes.

The data might be a bit dated, but it can still give us a rough idea of what’s healthy in the rental market.

Advice is best received from those that truly understand your goals and from those that have accomplished something similar to what you want to achieve.

I find data on free sites like Zillow extremely helpful for days on market for certain homes, and it allows you to sort by bedrooms to see how long a potential property may sit on the market at this moment (great for comping rent prices in the area as well)if I were to live in the property, I would take advantage of the FHA low down payment option to keep cash in my pocket for Reno costs  Hope this helps!

Just fire up a spreadsheet and enter in your data.

According to the data, Cape Coral is in for a wild ride and I advise bracing for impact.

They will go above and beyond to help to achieve your realistic goals.  

Lender said they also think that the appraiser was wrong but want me to find data or some lease comps to support the argument of appealing the appraisal.

I have an idea for a unique data product, but before I dive deeper and invest more time and money into it, I want to learn from those with more experience in this field.Some background:I'm a tech entrepreneur with a passion for real estate investing.