Pretend to be a renter and shop the competition.

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.

Negotiations focused on securing the property at a favorable price, enabling us to achieve a profitable margin in a highly competitive market without requiring additional renovations.

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

If you’re looking to continue to invest in your backyard, it helps to network with as many locals in the industry as you can.

I am also really interested in the stock market and the real estate industry! 

At the national level, it's the best of the worst in that industry - a lot left to be desired in the customer service department but still better than doing it on your own.

Starting to look at possibly investing there.Great, but also expensive and competitive.

When you do there’s usually lots of competition.

I just wanted a general industry over view of markup.