(One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.)

Unless new companies create replacement jobs in the city requiring similar skills and pay comparable wages, your tenants may be forced to take lower-paying service sector jobs.

Readers are advised to seek professional advice.

Readers should seek professional advice.

The price-to-rent ratios are generally unfavorable, and a shortage of skilled tradespeople and reliable property management can hinder the success of buy-and-hold rental investments.

I found this property through my network of local real estate professionals.

Metro’s technology sector being the 8th largest pool of tech talent in the world and the 3rd largest pool of tech talent in the United States (Source) should continue to drive median household incomes as these highly skilled employees in the D.C. metro are become more and more essential to the 15,000 tech companies in the D.C.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

VA Loan Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The 60% LTV is based on the ARV, and that is why practicing calculating the ARV is an important skill that can be learned over time and with a lot of practice.