Assessing how critical this location is to their expansion plans is essential.The Investment Considerations Lease Expiry: With five years left on the lease, your strategy should account for potential vacancy risk.

Lastly, thanks for engaging with us despite a lot of the criticism flying your way right now.

For example, if you’re investing in residential properties on the southwest side of town, eliminate property managers focused on commercial properties or other areas.Research CandidatesSearch Engines: Be cautious—Google rankings often reflect marketing, not quality.Yelp Reviews: Read reviews critically; tenants, not property owners, typically write them.

There are a ton of responses on here that have good & thorough feedback/criticism and I haven't read them all so disregard if I am being redundant here.One thing I haven't read in the first 10-20 replies is that your target client-base could be one of the most challenging to deal with. 

Otherwise, I agree, it is not that critical.  

Time is critical, especially in competitive markets.Clear Offer Terms - Present a firm offer with terms that make the seller feel confident that you can close fast, with minimal contingencies or proof of funds.Due Diligence Preparation - Have your financing lined up and know your repair/rehab costs in advance so you can move quickly without second-guessing.

The Benefits are ease of purchase and finding the right turnkey company is critical.

Aligning the name on the leases with the legal ownership of the property is critical for both legal and tax purposes.

I know the most critical step is to build a team which I am confident I’ll be able to accomplish since I already have some friends that live there.Any help would be appreciated! 

If the comps truly support $280–$290K, the appraisal might not hinder your final sale price, but it’s critical to prepare for hiccups.