Economic Occupancy is the main driver.  

It's complete madness now

When your Uber driver tells you that he's selling and never buying a vacation rental again.

What are the demand drivers for Tyler and will those continue to grow?

Be courteous and leave enough room on the Driver side, sothat RV can open their doors.B.

I think the biggest value driver is entitlement not buying and selling land. 

WFH and hybrid are probably a large driver. 

Some investors look strictly for cashflow but do not care about other things like if a growing population or drivers in the market.Build a core four in both markets and hunt from there.

LL pays any repairs to RTUs over $5,000.Tenant credit and experience, number of tenants, demand drivers for submarket, growth patterns in market, tenant sales (if these are more service medical providers like dentist or chiropractor) and this is being used more as a service center than back office work.As for basic numbers, I would not call what you outlined as a terrible deal.

and get the work done yourself.If the seller is willing to handle enough issues by way of a credit versus an actual repair, don't get wrapped up in the details - you're still getting what you want but you are now in the driver seat of who does the repairs.