You can do any strategy you want personally so long as the market data supports a 1:1 under STR, MTR, or LTR income strategies.

Some of the national data sites have pricing suggestions that run both high and low.

Hard to say if it’s a good deal without the most important piece of data, what is the fair market value? 

The property owner can give those to the appraiser also so he can put it in his data.

Hi Garry,To ensure your safety, it is highly recommended to visit areavibes.com and select the "See more crime data" option.

Plus with rising inflation investors are going to want to park their money in hard assets since historically it's generally a good hedge against inflation.

Emphasize that your offer is competitive and you’re ready to move now, or set a reasonable deadline for the offer to ensure the seller knows you’re serious.Use Comparables StrategicallyHave data on hand to support your position.

Since I am super new to this, I do have a few questions:By testing the list, do you mean what data am I pulling (absentee owner, tired landlord, etc)Testing my mailer, do you mean trying different messaging?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'm also working on a Google Data Analyst certification to bring in some extra income while I'm home with our 19-month-old daughter.I'm still pretty new to this, though, and I'm not sure where to start or if I'm on the right track.