I wont go into details about that place, but i wouldn't feel safe walking my dog there at all.

Jon Holdman thank you so much for the detail in your reply.

Are their listings detailed with good-quality photos?

Building : 1878 /2008 Renovated.Price : $600000 Asking Total Tenants: 15    & Monthly Rent : $21173Deal Analysis Value Over Time Can you please let me know what else is missing in this to get more accurate deal analysis.

But, we still hire outside to make sure we don't miss anything.If we had not hired an inspector when we first started, we would have not caught countless items, and would have overpaid on every deal.If you're going to hire a property manager, and expect them to give you an objective analysis, good luck.

Back in 2020, BiggerPockets also did an analysis with similar results.

John is right about the enemy method, its the only accurate way to estimate revenue.The blanket estimated revenue amounts on analysis websites like AirDNA can be a decent baseline, but generally include too big a pool of properties to give a very precise estimate.The way I use the enemy method: Sign up for a pricing software that has market analysis (I use PriceLabs but most of the pricing softwares have this feature).

Helped many of my clients getting positive cashflows contact me at 205-240-1408 if you need further details. 

Will not disturb you guys here with all the detailed information, but most of the time we then step in and organize this for them.

I'm not sure if you're OOS but definitely fly to Indiana or Ohio multiple times and get to know the areas on a detailed level before making offers.