Assess zoning maps and land available for competitors or expansion in existing locations.2.  

With the 10yr rising from 0.31% in 3/2020 to 4.55% now, and if one believes in the data from Soviet mathematician/economist Nicholai Kondratiev, the interest rates along with GDP, follow long 50-60 year cycles of Leverage Up/De-Leverage, or expansion-contractions.

There are 2 huge ongoing projects being the ongoing expansion of Pennovation which is the robotics labs and office space for UPenn.

Look also at land banking some of these lots, if you want to build 3 homes, located them close to each other that may leave some space for future expansion if the first round is successful.   

Each new job will increase the demand for housing.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.

Through our conversations, he generously imparted his knowledge of the multifamily business, and upon expressing my keen interest, he extended an offer to mentor me should I decide to embark on my own journey in multifamily real estate.Despite my deep knowledge and passion for technology, I find the idea of establishing a new business that prioritizes reliability and sustainable growth over rapid expansion of user base and workforce particularly enticing.

Cities and regions experiencing economic expansion tend to attract more renters and offer better long-term investment potential.

I know this is historically a rough area but I have heard rumors that is is up and coming with the $$ the Cleveland Clinic is putting into their expansion.

Would love more capital to keep expansion the other two sites too. 

I would also make sure its a good professional install not a handyman and that there is also an expansion tank installed as well.