I enjoy doing the labor and working on flips myself, so being able to take on more responsibility during projects really appeals to me.

Homes that appeal to our target tenant segment range from $350,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand and price and rent increases.

Hey Mike, good discussion and good that you have some clear expectations going in.As others have mentioned, since you'll be living there, it can be better to start with a subset of cities that you'll genuinely enjoy living in, then work backwards into data and metrics from there.For the cities you mentioned, here's a visualization of current rent-to-price ratios.

Make a simple spreadsheet or written list with the features of each and see which ones appeal to you most.

It's one of the few things you can't see during a showing/ visual inspection and I've seen issues up to $100k with sewer lines so it's worth the $150 to send a camera in and see what's going on.

And if so, what exactly would you go about appealing?

If passive investing appeals to you, real estate syndications or REITs diversify exposure without active management.Best regards, Stevan

We do plan to make another trip out to redecorate and move a few things around after closing -- little things to increase appeal. 

Efficient Renovations: Focused on high-impact upgrades like modernizing the kitchen and bathrooms, improving curb appeal, and installing energy-efficient features, which are highly desirable in this competitive market.Optimizing Layout: Evaluated the property's layout to ensure it met modern buyer preferences, such as creating open-concept spaces.

Somewhere in the middle may be an LTR owner who is used to doing the hard work of tenant selection, routine maintenance, and rent collection.If that owner is used to doing all of that work to receive their monthly rent, would it be appealing to enter into a business-to-business lease with an MTR arbitrage operator?