First of all, great job.

Property Managers want to make their lease up job as easy as possible and bringing a property up to like new condition is one way of doing that.

Hi Paola,If you are looking to buy another primary, looking to put the property into a LLC, may be changes in your income/job, looking for faster/smoother closing, DSCR could make more sense.

I consider inventory rates, price trends, unemployment data, population growth, job growth all to be relevant to where a market is at and where a market is heading.

I went from a W2 job to building a portfolio of 500+ units over the last 5 years by starting small and scaling smart.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Property is in Granite City, tenant lost his job, and has stopped responding to texts and emails. 

I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.  

Jobs.

STR it will cost you big.this isn't a difficult job depending on the fridge location.