I'm considering making this property into more of a mid term rental as an interim spot for people that may have experienced a flood, fire or are moving or renovating and need an interim space. 

I’m really interested in pursuing the out-of-state investment strategy (currently reading David Greene’s Long-Distance Real Estate Investing), and I’d love to meet and connect with some investors experienced with this model.

Hi Everyone,I’m a newbie investor weighing some key decisions and would like to know how an experienced investor might approach this situation to maximize value and cash flow.

Hi, this is my first post and I'd like some feedback from experienced investors. 

Of course, have a professional inspection done that enters each unit and do a sewerscope.

I'm happy to help connect you with professional and helpful agents or property managers from Pensacola to Panama City!

We do occasionally have families or professionals that come to look at our properties, but they realize they can get a much cheaper place a little further out from campus.

That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps! 

If you are building to sell and your profit margins are higher for the larger units, that may be a good argument for building bigger.My rentals are in central and east Phoenix, so we have a lot of young professionals and small families we rent to. 

If you are the sole heir of a rehab property, usually the smartest move if you aren't experienced is to sell it for max value, as-is, and the repurpose that money into better, rent-ready homes somewhere else, possibly closer to you.